Longview, TX 75601 1200 N Fourth St

66 UNIT APARTMENT COMPLEX LOCATED IN GREAT LOCATION IN THE HEARTR OF LONGVIEW BETWEEN THE 2 HOSPITALS. ALL NEW ROOFS 4 YEARS AGO, ALL NEW WINDOWS IN LAST 3 MONTHS, ALMOST HALF HAVE BRAND NEW "PTAC A/C / HEAT UNITS" , MULTIPLE UNITS HAVE HAD RENOVATIONS. PRICED OVER 1 MILLION DOLLARS BELOW CURRENT TAX APPRAISAL. ROAD FRONTAGE ON ALL 4 SIDES WITH OVER 1.3 ACRES. ALMOST 40,000 SQ FT WITH 2 - 2 STORY BUILDINGS, ON SITE LAUNDRY FACILITY AND WORKSHOP AREA. 8 EFFECIENCY, 4-2 BR 2 BATH, 9-2 BR 1 BATH AND 45- 1 BR 1 BATH. ONE OF THE ONLY "ALL BILLS PAID" IN THE AREA. LARGE OPEN COURTYARD IN THE CENTER OF THE PROPERTY WITH COMMON AREA. NOTE!!!! THERE ARE ONLY 14 UNITS OCCUPIED DUE TO ONGOING REPAIRS AND RENOVATION. THIS IS A BANK FORECLOSURE AND NO T-12 OR PAST RENTAL HISTORY AVAILABLE. SALE IS BASED ON PROFORMA AND FUTURE VALUE WHEN FULLY OCCUPIED. CALL LISTING AGENT FOR ADDITIONAL DETAILS. ALL OFFERS MUST BE SUBMITTED ON PROPOFFERS.COM