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New Roof just complete. Make Ready complete 12/2015. New tenant lease at $1350 effective 01/01/2016. Part of large package that can be sold together or individually. Management in place. Email Broker for additional information on remaining list.
Incredible opportunity to purchase six three bedroom townhomes in Spring Branch that have been completely renovated and rented out. These townhomes are almost 1700sqft each and have been renovated from top to bottom. There is still opportunity to raise rent and increase cash flow. Very high in demand area.
Price Upon Req.74,472 SF
Residence at Garden Oaks is a 98-unit , Class B+, multifamily asset located in the Garden Oaks neighborhood in Houston, Texas. The property was built in 1972 and renovated in 2015. The apartment buildings are constructed with brick and have pitched roofs. Electricity is individually metered. Residence at Garden Oaks has received $1.6 Million in capital improvements within the last year. Exterior improvements include: full exterior restoration and paint, new signage, resurfaced parking lots, new perimeter fencing, new drive gates, and upgraded landscaping. New interior finishes include: new granite counter tops (kitchen and bathroom), modern fixtures and lighting, new wood veneer cabinets, new all-black appliances, and modern faux wood or tile flooring. The community offers outstanding amenities such as: gated access, permit parking, three courtyards/picnic areas, barbecue grills, and valet trash pick-up. Residence at Garden Oaks units consist of one and two bedrooms and two bedroom town homes which average between 656 to 1,143 square feet.
Price Upon Req.63,200 SF
Residence at the Heights is a 97-unit , Class B+, multifamily asset located in The Heights neighborhood in Houston, Texas. The Heights, positioned immediately northwest of Downtown Houston, was founded in 1891 and is Texas' earliest planned community. Within the past decade, the Heights has experienced a revival which has significantly increased property values up to 50% and attracted many highly regarded chef-driven restaurants, trendy boutique retail, music venues and other local businesses to the area. Residence at the Heights was built in 1972 and renovated in 2015. The property benefits from an excellent location off W. Calvacade St.. The subject is two miles south of Interstate 610 North Loop and half a mile west from Interstate 45 which receives a traffic count of more than 245,000 vehicles per day. Residence at the Heights has received $1.7 Million in capital improvements within the last year.
Price Upon Req.86,525 SF
The Winkler Portfolio is a 113-unit , Class C, multifamily collection located in southeast Houston, Texas. The portfolio is situated on 3.16 acres of land and includes three separate communities that neighbor each other: El Dorado Apartments (18 units), Belvedere Apartments (46 units) and Winkler Apartments (48 units). The portfolio was built in 1951 and 1955. Exteriors are constructed of brick and wood. The portfolio offers six spacious floorplans ranging in size from 650 to 900 sq. ft. Total occupancy is currently at 95%.
Price Upon Req.161,962 SF
Le Renaissance is a 164-unit , Class B+, multifamily asset located in thriving west Houston, Texas. The Property benefits from an excellent location at the intersection of Interstate 10 and Bunker Hill Road. Its urban core location provides residents with convenient access to major employment centers, an array of shopping centers, highly rated schools and top ranked medical facilities. The Property was built in 1968, renovated in 1991 and has been well maintained by long term ownership. Property amenities include two multi-tiered resort style pools, a well-appointed clubhouse, onsite clothes care center, covered parking and door to door trash pickup. Exterior finishes are constructed of brick and wood. The building roofs are pitched and the Property is individually metered for electricity.
Price Upon Req.134,389 SF
Park Hollow Apartments is a 170-unit, Class C multifamily asset located in Pasadena, Texas. The property was built in 1971 and has brick and hardi plank wood exteriors. Standard unit features include: frost-free refrigerators, dishwashers, electric stoves, garbage disposals, kitchen pantries, ceramic tile (living room, bathroom, kitchen, and dining room), mini-blinds, coat/linen closets, and walk-in bedroom closets. Community amenities include: a sparkling swimming pool, two laundry care centers, covered carports, a courtyard area, and perimeter fencing. Park Hollow benefits from an excellent location on South Shaver St., south of Edgebrook Dr., in southeast Houston. Residents have easy access to the Sam Houston Parkway (5 miles west) and Interstate 45 (2 miles east). Currently, there are no apartments proposed to be construction and only one under construction - (Crenshaw Grand at Beltway 8, 264-unit) - in the Pasadena/ Deer Park submarket which creates a favorable opportunity for the property to raise rents.
Price Upon Req.13,590 SF
Excellent cash flow potential! Property consists of 18 2br/1bath cottages. 100% occupied by long-term tenants. Recent improvements to A/C systems and roofs. Ongoing upgrades and repairs.
This Property is currently being used as a Used auto parts dealer but seller is not selling the business part. He is relocating it to a different place. The New home was built in 2012 and it cost over 400k to built. The other homes are being rented at 800 a month Five Single-Family Residences.except 1. 3 of them Property can be residential or commercial, no restrictions. This property cannot continue operating as a used auto part due to Harris county restrictions.
Mills Road Townhomes are in the heart of northwest Houston. This is one of the fastest growing areas in the region and is only 20 miles from downtown Houston and George Bush Intercontinental Airport. The neighborhood is conveniently located less than five miles from schools, shopping, major employers and an extensive highway system.