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Easy access to major freeways, medical center. Great for singles, or couples. Also for lease for $1,900
4,400 SFPrice Upon Req.
Property located on Taylor Street just off I 10 close to downtown. 4400 Sq/Ft Warehouse type building that needs completion. 20,007 Sq/Ft lot allows for multiple use possibilities. Ideal location for Residential, Townhouses, Multi Family.
67,960 SFPrice Upon Req.
Transwestern's Houston Multifamily Advisors is pleased to offer The Montrose Value-Add Portfolio, an exceptional value-add collection of apartments, townhomes, quadraplex and rental homes with a spectacular location in the Montrose District, just west of downtown Houston, TX. The Montrose Value-Add Portfolio consists of 48 apartment-units, 13 townhomes, 1 quadraplex and 5 rental homes with 8-units that include 2 garage apartments; for a total of 73 units, 67,960 rentable square feet, with a land tract of 2.09 acres. The portfolio is located in the Avondale West Historic District and positioned within the 610 Loop. All properties are within walking distance of one another and are located within the Montrose/Museum District apartment submarket which has experienced an annualized rental rate increase of 6.9% over the last 6 months.
12,656 SFPrice Upon Req.
" Existing Tenants Include Office, Retail & Residential " Income Producing " Off-Street Parking " Remodeled 2011 " 1st Floor Availability for Owner Occupied User
36,164 SFPrice Upon Req.
Property showings will be offered on Thursday, October 9th and Thursday, October 16th between 10:00 AM to 1:00 PM local time. Please contact the listing broker to RSVP.Auction.com and National Apartment Advisors present an opportunity to acquire a 50-unit value-add located in Houston, TX. Grahamcrest Manor Apartments community was built in 1973 with approximately 36,164 SF of net rentable space, with a great mix of efficiency, 1BR and 2BR floor plans. Grahamcrest Manor is well-located, just under 2 miles west of US Interstate 45 in the Gulfgate/Almeda Mall submarket of Greater Houston, which has seen rental rates increase 9.0% over the last 12 months. The property is less than 2 miles from Hobby Airport, which is constructing a $156M international terminal that is estimated to provide an economic impact of $1.6B to the area. The property does not have a current Certificate of Occupancy. The successful bidder will likely have to apply and obtain a Certificate of Occupancy.
20 apartment units priced below land value with potential for redevelopment. Frontage road property. Right on feeder of 610 between offramp and entrance to freeway. Great re-development potential. On feeder of 610 between off-ramp and entrance to freeway. Possible be part of 5 acre Woodside Plaza Development near Reliant Center and Astrodome. Consists of 6 apts at 9603 Riddlewood and 14 apts at 9607 Riddlewood. Roof was replaced new in 2013 and warranty is transferrable. Central laundry. 9 are three bedrooms and 8 are two bedrooms with two baths. Covered parking. Tenants pay separate electric bills.
33,425 SFPrice Upon Req.
- Value-add potential through moderate interior and exterior upgrades - Strong submarket rental rate over the last twelve months (14.9% in the last 3 months and 7.0% over the last 12) - Variety of floorplans (One and two-bedroom units) with sizes ranging from 625 to 770 square feet
153,230 SFPrice Upon Req.
Value-add potential through moderate interior and exterior upgrades - Strong submarket rental rate (9.0%) and occupancy (3.7%) growth over the last twelve months - Variety of floorplans (One and two-bedroom units) with sizes ranging from 520 to 1,075 square feet - Available All Cash
423,440 SFPrice Upon Req.
Good Upgrade Candidate ~ Interior and Exterior upgrades should allow for upside in the rents. OFFERED ON ASSUMPTION OF THE EXISTING LOAN.The job momentum in Houston, the stringent, new, home lending criteria coupled with the labor shortage in the construction industry has created a housing shortage in Houston. In addition, Houston attracted 150,000 new residents in the last 12 months or one resident every 3.5 minutes. This has led to unprecedented occupancy and rental rate growth in the Houston multi family market. All 488 units have Fireplaces and Washer and Dryer connections. The property has copper wiring (buyers please verify). There is a RUBS in place for water.
The Rama Apartments were built in 1978 and the current owner has completed several improvements in the last year including, but not limited to, wood replacement, walkway and parking lot repairs, exterior painting, fencing repairs/replacement, landscaping improvements and the renovation of the pool. The property is comprised of 24 two story buildings, plus a leasing office. The exteriors are brick and wood siding built on poured in place concrete foundations with pitched and flat mansard tile roofs. The driveways and parking areas are concrete and provide ample parking for the property' s residents and guests. Some units have washer/dryer connections. The property is individually metered for electricity with the residents being responsible for their own electricity bills. The property is set up for a water RUBS but the current owner is not utilizing the RUBS system at this time. A new owner could implement the RUBS and the residents would pay their prorata share of the water/sewer charges, thus increasing the property' s income stream.