Houston, TX Apartment Buildings for Sale

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8910 Beechnut Street

Houston, TX 77036

Multi-Family

$2,700,00086,944 SF

Good Candidate for Renovation~ A new buyer should see good value return with interior and exterior improvements. The vacant units need varying degrees of make readies. The area occupancy for this type of property that has been renovated is in the mid to high 90 percent range. With interior and exterior repairs/upgrades it is possible that the property could sustain rents in the .70/sf to .75/sf range or higher depending on the degree of improvements. Beechnut Palms is a good opportunity for an owner to purchase a property near Houston Chinatown and Houston Baptist University that has Good Upside Potential with improvements and a strong onsite manager. There is upside in the rents, and with implementation of a Water RUBs and with a new owner taking over the laundry facilities on the property and purchasing his own laundry equipment. The property has covered parking.

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1611 Stevens Street

Houston, TX 77026

Multi-Family

$240,00010,640 SF

There are 16 units all together . Actual occupancy is unknown . Net rent and gross income is unknown. Ready for a new LandLord. Seller is motivated to sell. selling as Lot Value Current Few Tenants DO NOT ENTER WITHOUT AN APPOINTMENT.

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10100 S Gessner Road

Houston, TX 77071

Multi-Family

$1,850,000100,000 SF

Excellent investment Opportunity for those in multifamily.

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4119 Tasselwood Lane

Houston, TX 77014

Multi-Family

$710,0008,000 SF

5 Fully Leased Single Family Rental Homes. See Attached Flyer

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400 Westmoreland

Houston, TX 77006

Multi-Family

$1,850,00012,938 SF

WELL MAINTAINED GATED 15 UNIT COMPLEX IN WESTMORELAND HISTORICAL DISTRICT, THE UNIT MIX IS 2 EFFICIENCIES, (9) 1/1, (3) 2/1, AND (1) SPACIOUS 2-STORY 3/3 W/ GAMEROOM & STUDY PERFECT FOR OWNER OCCUPANCY, ON-SITE LAUNDRY MAINTAINED BY COINMACH, (8) GATED COVERED PARKING SPACES IN ADDITION TO 7 OFF-STREET PARKING SPACES, 13 OF THE 15 HAVE BEEN NICELY UPDATED WITH 2-TONED PAINT, BRUSHED NICKEL FIXTURES, AND WOOD LOOK FLOORING, GREAT LOCATION ! MINUTES FROM DOWNTOWN, MEDICAL CENTER, AND THE GALLERIA!

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13503 Northborough Drive

Houston, TX 77067

Multi-Family

Price Upon Req.157,040 SF

*Offers Due April 22nd, 2015* Siena Courtyards is a 200-unit two-story garden apartment community built in 1980. The community benefits from an excellent location less than a mile west of Interstate 45 and three miles from the Hardy Toll Road. The property is nestled south of W. Rankin Road which has an average daily traffic count of over 28,000. Siena Courtyards has benefited from an outstanding professional management team which has kept the property in impeccable condition. Current physical occupancy is at 95%.

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2407 Bastrop Street

Houston, TX 77004

Multi-Family

$1,300,00013,186 SF

Fantastic Investment opportunity. Loads of new construction in the area. New town home are being built next door. Sale includes 2407 Bastrop (16650sp ft) and 2419 Bartrop (4372 sq ft) ,5 buildings 13186 sq ft = 21 units and storage buildings are on these lots as well. Rental rates start at $695/month, all tenants require background checks prior to move in. No felonies. Fully occupied. Parking assigned. Current gross income $14,200 / month. In the process of completion to renovate the buildings prior to closing (see attached list of renovations). Please do not talk or disturb the tenants in the apartments. Current cap rate is 9.5% Rent could be increased to $850 / month making cap rate 12% Rent was placed lower than market value to get tenants in. See documents for income expense and survey.

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5544 Lawson Street

Houston, TX 77023

Multi-Family

$225,0002,199 SF

SINGLE FAMILY HOME - ON A LARGE CORNER LOT - QUIET NEIGHBORHOOD. 6800 SQ. FT LOT. 8 ROOMS WITH 3 BEDROOMS, 2 BATHS - APPROX 2199 SQ FT LIVING SPACE. 220 SQ. FT PARKING - WE REPAIRED THE FOUNDATION AND PARTIALLY RENOVATED THE HOUSE. THERE'S A FIREPLACE AND IT HAS VAULTED CEILINGS. FOR SALE BY OWNER. CALL PAT WIPPEL

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409 Stratford Street

Houston, TX 77006

Multi-Family

Price Upon Req.50,530 SF

**Offers Due March, 25th** Transwestern's Houston Multifamily Advisors is pleased to offer The Montrose Value-Add Portfolio, an exceptional collection of apartments and townhomes with a spectacular location in the Montrose District, just west of downtown Houston, TX. The Montrose Value-Add Portfolio consists of 48 apartment-units and 13 townhomes; for a total of 61 units, 50,530 rentable square feet, with a land tract of 1.28 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 4.6% over the last three months.

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3832 Mainer Street

Houston, TX 77021

Multi-Family

$501,77714,560 SF

20 apts - all are two bedrooms. Bring reasonable offers. Rents are only 57 cents per square foot. Access from street front and back. Currently working to get Certificate of Occupancy. near Texas Medical Center and Reliant Center. Minutes from central downtown and University of Houston. Annual Net Income Earnings are approx. $40,000 in 2012. Opportunity to add value and increase rents. exterior is brick and hardy plank. Rents are currently approx. 57 cents per square foot. Looking for buyer that wants to increase rents.

Houston, TX Apartment Buildings for Sale

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