For Sale

$2,500,000

HIGHLIGHTS:
  • Active
  • $25,461/month
  • 197 DOM
  • 1 Stories
  • 0 Beds
  • 9,506 SqFT
Description

This a 15-unit apartment complex located in the established, transitioning South Union area. The property was completely rehabilitated in 2023: roof, parking lot, flooring, HVAC systems, granite counter tops, fixtures, appliances, windows, electrical, plumbing, fence, siding, interior/exterior painting, doors. This property is being sold along with the neighboring parcel ID: 0741520480003 for a combined 15 units mixed with 4 1bedroom/1 bath that 463 sqft. There are 11 units that are 2 bedrooms/ 1 bath. 5 of the 2bedroom/1 bath units are 680 sqft. The remaining 6-2bedroom/bath 1units are 727sqft bringing the total rentable square footage to 9,506 sqft. The gross lot size is 19,280 sqft. This is a great opportunity to own a small apartment complex with tremendous upside in the Houston, Tx area.

Overview
  • MLS Number: 31294063
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 9,506 SqF
  • Land Size: 19,280 sqft
  • Year Built: 1950
Financial
Price:
$2,500,000
Price/SqFT:
$262.99
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$25,461 *
Tax Amount:
$0
Amenities and features
  • Corner Lot
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate,Tile
    Heating:
    Central Electric,Central Gas
    Cooling:
    Central Electric,Central Gas
    Dishwasher:
    Yes
    Disposal:
    Yes
    Compactor:
    No
    Microwave:
    Yes
  • Roof:
    Composition
    Exterior Type:
    Brick,Cement Board,Vinyl,Wood
    Lot Description:
    Corner
    Parking Unit:
    One
    Parking:
    Paved Area

Listed By:
William Hampton

Hampton Realty Group

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