Apartment Deals For Sale
Unit Mix: 1 – efficiency apt. 20 – 1 bedroom/1 bath apts. 8 – 2 bedroom / 1 bath apts. 1 – 2 bedroom house + attached Office
Yield play in Gulfgate Sub-market. Stable occupancy averages 90% with lots of long-term tenants. Currently only 1 unit vacant. Many recent upgrades. Complex has master meter for electricity and is operated as All Bills Paid.
ESPERANZA APARTMENTS - 29 units 4114 Broadway Houston, TX 77087 Asking Price: $957,000 / Price per unit: $33,000
Unit Mix: 1 – efficiency apt. 9 - 1 bedroom/1 bath apts. 18 – 2 bedroom / 1 bath apts. 1 – 3 bedroom apt.
Yield play in Gulfgate Sub-market. Current occupancy averages 90% with lots of long-term tenants. Majority of the units have been upgraded with ceramic tile flooring. Complex has master meter for electricity and is operated as All Bills Paid.
RIOS DE VIDA APARTMENTS - 28 units 3025 Golfcrest Houston, TX 77087 Asking Price: $924,000 / Price per unit: $33,000
Unit Mix: 28- 1 bedroom/1 bath apts.
Yield play in Gulfgate Sub-market. Current occupancy averages 90% with lots of long-term tenants. Majority of the units have been upgraded with ceramic tile flooring. Tenants pay their own electricity (individual metering), Owner pays gas and water.
** Financials for above properties available upon request.
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