1,062 Units (Value Add)
Houston, TX 77075
ONE OF THE LARGEST PROPERTIES IN TEXAS
Building Size - 734,663 Sqft. Lot 31.7 Acres
Built - 1972
1b/1ba - 3b/2ba
*** The current owner has not implemented a value-add program, giving a future owner a clean slate to increase rents through interior renovations. ****
NOI - $4,705,000
Cap Rate - 6%
Asking - $82,400,000
- 3% Buyer's Fee already included in price.
*** Additional information can be provided upon request. ***
To proceed, the potential buyer must submit an LOI and verifiable POF. An EMD will be required after accepted executed documents are approved.
**** All showings are subject to the states COVID-19 orders, recommendations, guidance, and all CDC and local health mandates and/or guidance regarding showings. Please practice social distancing and wear masks ****
To view our other properties, please visit:
Houston, TX 77075, USA