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A newly remodeled Triplex. Main House has 2 identical 2 bedroom rentals and the back house has a 1 bedroom detached rental. This property was completely rebuilt and is ready for a new investor to cash flow. This is a drive by only. must show per-approval/proof of funds for showing.
PRICE REDUCED - The property consists of 270 UNITS - 1983 BUILT - Major Rehab Recently Completed~ The current owner completed a major rehab in 2011 of approximately 2.8 Mill. Some of the major expenditures were; Interior Repairs/Upgrades ($1.3 Mil), to all but just a few units that have long term residents in them, Exterior Repair ($1.45 Mil), consists of New Hardi-Plank Siding, Full Paint, New Roofs (30 year shingles), New Boiler, Plumbing Improvements, Patios, Balconies, Stair and Rail Repairs, Pool Rehab, Landscape Improvements, Fencing and Gates, Door Replacements, New Signage, and Parking and Walkway Repairs. All but 48 of the smaller units have washer and dryer connections. The property has copper wiring. The plumbing is PVC. There is one unit that is being used as a shop. There is a RUBS in place for water, gas and trash and there is also an additional charge for reserved parking. The property has approximately 8 units that have government subsidized rent.
3 Bedroom 1 bath home needs a new owner or a landlord ready to enjoy the cash flow. Minor Clean up and make ready. This may also be a good flip with a few upgrades.
$$ PRICE REDUCED $$ THE WESTWARD PLACE CONDOS ARE ABOUT 112 UNITS THE UNIT 6 IS 2 BED RM 1 BATH IN BLD A. WE HAVE 30 TOTAL UNITS FOR SALE ALL ARE RENTED EXCEPT FOR 3 UNITS. UNIT 6 IS VACANT AND CAN BE SHOW EXAMPLE FOR THE 30 FOR SALE. THERE IS A POOL AREA FENCED WITH LANDSCAPE UNITS ARE THREE SIZES CALL OR E-MAIL FOR DETAILS THE TOTAL LIST FOR ALL 30 CONDOS IS $670,000 WILL SELL IN BLOCKS OF 5 OR MORE. THE UNITS ARE LOCATED IN DIFFERENT AREAS OF THE COMPLEX.
Crown Garden is a class C garden style apartment community consisting of 164 units well located in southwest Houston. The subject property has flat roofs, chill water A/C, and master metered for electricity. The chiller and boilers were replaced in 2009. Residents of Crown Garden are zoned to the highly desirable Bellaire High School. There is good potential upside in occupancy and collections post rehab/upgrades.
**Please sign and return the attached Confidentiality Agreement to email@example.com** The Greenbriar Park North property consists of 400 rental units with 303,204 square feet of rentable area. The rental units are housed in 31 two-story buildings of brick and wood siding, with pitched roofs of composite shingle material. All units have either patios or balconies with some units containing fireplaces. All units are fully electric with hot water provided by centrally located gas-fired boilers. Tenant amenities include two swimming pools, a central clubhouse, a children' s play area and three laundry facilities. The property has a total of 10 floor plans, with six unique one-bedroom, one-bath plans ranging in size from 573 square feet up to 712 square feet. Four different two-bedroom, two-bath floor plans range in size from 843 to 925 square feet. The property was built in 1983 and is not subsidized, and is not restricted in any way as to tenants and rents charged.
STOP LOOKING! YOU HAVE FOUND IT! VALUE ADD Opportunity in Strong Southwest Houston Sub-market. C-Class property with 24 Units. Efficiencies to be had with moderate renovation and expense audit. Property is currently 80% occupied! Significant room for rental increase! Also great opportunity for local owner/operator or Strong Local Management. DO NOT DISTURB TENANTS! SHOWN BY APPOINTMENT ONLY! STRICTLY ENFORCED!
GOOD UPSIDE WITH STRONG MANAGEMENT. Major Rehab Completed in 2008/2009 ~ The current owner completed a major renovation in 2009 of approximately 3.5 Mill. Some of the major expenditures were; Interior Repairs/Upgrades (approx $700K), included replacement of carpets, resurfacing of cabinets and countertops, new fixtures, painting and drywall repair. Exterior Repairs/Upgrades (approx. $2.8 Mil), consisted of new Hardi Plank siding, full paint, new 30 year shingle roofs (roofs replaced on all but 3 buildings), wood replacement, new gutters, 2 new boilers, plumbing improvements, patios and balcony repairs, new lighting, some fencing repair/replacement. Upside in the rents with minor improvements. Area is benefiting from the ExxonMobil Campu construction and support industry that is moving into the area.
FOUR RENTAL UNITS LOCATED ON A 7500 SQFT LOT 100% OCCUPIED - THERE ARE TWO OTHER INCOME PRODUCING PROPERTIES IN THIS PACKAGE - BUY THEM TOGETHER OR SEPARATE
35,028 SFPrice Upon Req.
The Reside community is a unique opportunity to purchase a 36 unit Class "A" temporary housing community in a prime "A" location, the Medical Center area of Houston, Texas. The property is situated in a beautiful tree lined community giving the property the feel of a resort-style retreat, yet its location off Main Street near the Texas Medical Center is wonderfully close to all the conveniences a large city like Houston has to offer. The Texas Medical Center, Rice University, Hermann Park and Golf Course, the Houston Zoo, Reliant Park, Brays Bayou Hike and Bike Trails and so much more are in close proximity to the community. The Reside is currently being run as temporary corporate housing with all bills included. All units are furnished and are move-in ready complete with nice amenities, modern, open floor plans, stylish and sophisticated surroundings. The quality of the property and its prime location may allow value for a future condo conversion or conversion to apartments. OCCUPANCY IS ESTIMATED AT 97% LEASED