220,233 SF$2,650,000
Multi-Family
Offering is for a 21-unit condo portfolio and 4.5acre plot that wraps around lake. Also featuring a 4.5 acre plot across existing condos for multifamily development. Reflections on the Lake is located in west Houston and has a total of 60units in the complex. It is a gated community with various amenities and its features include clubhouse, pool and a lake. Interior features include wood burning fireplaces, tile entry, high ceilings, private patio/balcony, washer and dryer connections and many more features that make the units very desirable. The lake wraps around the entire property, which provides for a lake view from every building and thus creates a very calm feeling for the residents. The Lake consists of water fountains with ducks, fishes and other aquatic life. Most of the units have been recently renovated and experience high traffic. Mix: (9) 1br/1bath sized at 745sq ft, (2) 1br/1.5bath sized at 856 sq ft, (10) 2br/2.5bath sized at 1489 sq ft.
Size Upon Req.$5,000,000
Multi-Family
This is an old mobile home park totaling approximately 4.84 acs. (HCAD) The property is offered for LAND VALUE ONLY. All information is deemed reliable (per Seller or HCAD), but is not guaranteed for accuracy. Prime site for redevelopment, i.e., gated residential community, mixed-use, commercial retail, free-standing restaurant, fast food, c-store, car wash, warehouse/distribution, light mfg, or HUD multi-family, No signage. Do not disturb tenants or contact owner. Additional tracts, approximately 3.8 acres, .05 acs. and 1.0 acre, may also be available for a total of 10 contiguous acres. There is also an additional 1.25 acs (not contiguous) offered separately. Call for additional information and accompanied appointment.
Size Upon Req.$700,000
Multi-Family
N. Main just blocks from the proposed light rail.
3,733 SF$130,000
Multi-Family
DO NOT VISIT COMMUNITY WITH OUT ACCOMPANIMENT, MANAGEMENT IS NOT AWARE OF SALE. Offering 4 units in a 94 unit apartment complex turned condo complex. Property was completely rehabbed in 2008. All 4 units are leased. $650 and $675 for the smaller 2/2's and $700 for the larger 2/2. The 3/2 is leased for $875 per months. Nearly all the complexes on the street have been completely rehabbed since 2008 as well. Units are 100% occupied. 2 of the tents have been there for 2 years and the other 2 have been there for 6 months. EMAIL quenton@theliongrp.com for more information or to set up a showing. Call 713.927.9336 ANOTHER 5 UNITS ARE AVAILABLE FROM ANOTHER OWNER.
2,801 SF$105,000
Multi-Family
Offering 3 units in a 94 unit apartment complex turned condo complex. Property was completely rehabbed in 2008. ALL 3 UNITS ARE LEASED. $600 and $680 for the larger 2/2. The 3/2 is leased for $825 per month. Nearly all the complexes on the street have been completely rehabbed since 2008 as well. Units are 100% occupied.
2,696 SF$99,000
Multi-Family
Offering 3 units in a 94 unit apartment complex turned condo complex. Property was completely rehabbed in 2008. ALL 3 UNITS ARE LEASED. 1 bed 1 bath leased for $525 pe rmonth. A large 2/2 for $700. A smalll 3 bedroom for $850 per month. Nearly all the complexes on the street have been completely rehabbed since 2008 as well. Units are 100% occupied.
21,172 SF$775,000
Multi-Family
Chez Orleans Apartments is 23 units well located near Loop 610 and Hwy 45. It consist of 18 two bedrooms and 5 one bedrooms. The units are spacious and been recently upgraded, 17 units have tile. In front of building there is a Metro bus stop. Nearby there is a Kroger and Fiesta and a few minutes drive there is Gulfgate shopping center. There is a middle school and park that are walking distance. Please do not disturb tenants or walk around property without first setting an appointment. Property is available for showing but by appointments only. ***BUYER AGENTS WELCOME***
7,350 SF$499,000
Multi-Family
Twelve (12) units' two-story multifamily (MF) building with two stairways and a center court yard that has a tree providing the shades to the apartment building, this property is sold together with the the vacant land joined adjacently and is selling as a package for $789,000. Apartment needs TLC work on exterior building, landscape and curb appeal. Currently 90% occupied with month to month lease tenants. Most of the tenants have been the residents at this location for many years. Combined MF property lot and the vacant lot results in 0.5 Acre land, which is a great opportunity for investor to build future retail or office building or townhouses on a corner lot facing I-610 loop. Traffic count near I-610 S Loop West is 206,010; Traffic count near Stella Link is 28,680. PLEASE DO NOT DISTURB TENANTS. FOR ANY QUESTIONS PLEASE CALL & MAKE APPOINTMENTS.
161,480 SF$14,200,000
Multi-Family
Magnolia Creek Apts are a Class A "off the beaten track" multi family property situated in a magnificent "woodsy" setting with beautiful and well maintained landscaping. The property, constructed in 1999/2000, is comprised of 7 three story garden style buildings and a clubhouse/leasing office. It offers 5 floor plans consisting of 1 and 2 bedroom units ranging from 669 sq ft to 1088 sq ft. A strong amenity package features an oceanic style swimming pool, clubhouse, state of the art 24 hr fitness center, business center, remote controlled access gates, garages, and carports. Interiors feature full sized washer dryers in all units, 9 ft ceilings with crown molding, oval garden tubs, built in computer desks, kitchens with built in microwaves, wine racks, ceiling fans in bedrooms, private garages, assigned covered parking, and patios and balconies.
215,438 SF$9,000,000
Multi-Family
The Broadmoor is a two-story apartment community built in 1982, comprising 235 rental units. The property was developed by the late Harold Farb, one of Houston' s most respected multifamily developers in the 80' s. The unit mix is approximately 66% one-bedroom, 30% two-bedroom and 4% two-bedroom townhouse units. Construction is of brick veneer and wood accents, with pitched composition roofs. Heating and cooling are provided by individual ground-mounted air conditioning units. The utility costs associated with heating and cooling are the responsibility of the tenant. The property is individually-metered for electricity, and the costs associated with usage inside the dwelling units are the responsibility of the tenant. Hot water is provided by four commercial gas boilers. The cost of water, sewer charges and trash collection is partially the responsibility of the owner, but is reimbursed by the tenants, who pay an allocated utility fee each month for water, sewer and trash charges.
12,474 SF$995,000
Multi-Family
21 all brick 2Bd. 1Ba. houses in a row
488,800 SF$16,350,000
Multi-Family
La Casita is a unique opportunity to purchase a Class "C" property in near north Houston, Texas in a strong Grade "C" rental sub-market. The current owner has recently completed a rehab which consisted of replacing 6 boilers, replacing approx. 40% of the roofs, wood and siding replacement, full exterior paint, remodeled leasing office, upgraded landscaping, added new soccer field, and turned 75% of the interiors. Also, in August of 2012 solar screens were installed to reduce utility costs - this reduction should be apparant on this summer's utility bills. The owner is currently resurfacing part of the parking lot. LURA in place on 425 units. According to the owner there is upside in the LURA units as they are not rented at the approved M.S.R for the property
303,204 SFPrice Upon Req.
Multi-Family
**Please sign and return the attached Confidentiality Agreement to tdunn@marathoninterests.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.
12,584 SF$599,900
Multi-Family
TOTALLY RENOVATED 20 Unit Apartment Complex 1 Block from HOBBY AIRPORT perfect for TURNKEY investment. Property was renovated over the last year (see attached renovation sheet). Owner is offering a turnkey investment with Renovation complete and management company in place (mgmt company is optional. no long term contract). With 12- 2/1's, 6 - 1/1's and 2 Eff this Apartment Complex has the optimum unit mix for this area.
6,864 SF$300,000
Multi-Family
This is a 12 rental unit apartment complex that currently 100% occupied. There are 3 buildings with 4 units in each building. Rents vary from $400 to $475 per unit per month and the complex is in compliance with city requirements. There is a large vacant area at the back part of the complex which can support additional housing.
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