Houston, TX Apartment Buildings for Sale

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11700 Fuqua Street

Houston, TX 77034

Multi-Family

Price Upon Req.199,680 SF

Auction.com and Houston Income Properties, Inc. are pleased to present the opportunity to purchase the 256-unit (199,680 NRSF), 1982-constructed, Eagles Landing Apartments located between downtown Houston, Texas and the Clear Lake area of Houston. The property is on a major thoroughfare and is near two major transportation arteries (Beltway 8 south and I45 south) and is approximately one and one half miles from the city of Pasadena, TX. The asset is in good condition with HardiePlank siding and new roofs. The property should present the opportunity for a new owner to upgrade the interiors to achieve a rent premium.

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3502 Southmore Boulevard

Houston, TX 77004

Multi-Family

$350,0005,022 SF

Price Below Market for Quick Sale Great Potential Multi-Family Unit occupied by owners, Owners willing to leaseback.Three separate living quarters each with its own kitchen, den & living area. Separate Hair Salon can me fourth living quarter with full bath. Separate electric meter, enclosed in iron fence. Great income potential for group home/apartment rentals. On 12,835 sqft corner lot in a revitalized community w/improved jobbing/bike trails along Macgregor Bayou, near Universities, Medical Center, Museum District

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1914 Laurel Brook Lane

Houston, TX 77014

Multi-Family

$6,877,710111,907 SF

45 Single Family Properties in the HOT HOT HOT Texas market. All properties are newly renovated with new paint, carpet, fixtures, fans, window treatments,landscaping, and more. All are 3-5 bedrooms, 2-3.5 baths, built from the 1970's-2008, 1616sf-4069sf. Some are leased, others are being marketed for lease. Real estate prices in the Texas market have risen exponentially, rents have exploded, and the job market is the best in the US which means that there are more people than houses available. The forecast is golden for Texas and for investors in Texas!! Package Price-$6,877,710 (average=$61/sf), Gross Annual Return-$844,740 ROI-12.28% Package can be split. Call us today for more information.

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3905 Lockwood Drive

Houston, TX 77026

Multi-Family

$1,750,00048,350 SF

The Legacy Apartments is a 70-unit apartment community constructed in 1965 and 1970. The property consists of two separate phases less than a mile from one another on Lockwood Dr. The Legacy Apartments in positioned 2 miles east of Highway 59, less than a mile south of Interstate 610, and 1.5 miles north of Interstate 10. Houston's Central Business District is within 4 miles with over 150,000 employees and 11 Houston Fortune 500 Company Headquarters. The Legacy apartments presents an opportunity to increase rental rates through an interior and exterior renovation program. Surrounding rental comparables are achieving $1.00 to $1.32 per SF in market rents, providing a new owner significant rental upside which are currently $0.96 per SF at the subject. The property is a recent foreclosure.

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3815 Garrott Street

Houston, TX 77006

Multi-Family

Price Upon Req.12,656 SF

" Existing Tenants Include Office, Retail & Residential " Income Producing " Off-Street Parking " Remodeled 2011 " 1st Floor Availability for Owner Occupied User

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803 Usener Street

Houston, TX 77009

Multi-Family

Price Upon Req.4,400 SF

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.

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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). There is a model unit available for viewing 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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818 Richcrest Drive

Houston, TX 77060

Multi-Family

$13,000,000303,204 SF

**Please sign and return the attached Confidentiality Agreement to tdunn@marathoninterests.com or fax to 713.493.2392** Greenbriar Park North is stabilized and provides a nice, safe return. Greenbriar Park North 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.

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539 Yorkshire Street

Houston, TX 77022

Multi-Family

$360,0007,018 SF

DRIVE BY ONLY TO PREVIEW, DO NOT DISTURB TENANTS!!! No visited before the offer is accepted! The market value of property is $400,000,sale for $360,000 but need Pre-approved and or proof of funds, with 10 updated apartments in quiet Street. Property approximately 7,080 sq.ft of living space and sits on 10,300 sq.ft lot, Total of 10 units, (6) 1 bedrooms and (4) 2 bedroom, 100% occupied. Recently renovated expense more than $35,000, lowest the cost of maintenance, $72,888 gross income/ $6,074 per month, 49,099 net income, walking distance or 4 minutes (0.9 miles.) drive to Tram Station & Super Wal-Mart, McDonald, Burger King, Chicken Fillet, Penda Express, KFC, Jack in the Box, SONIC, Wendy, IHOP, high demand rental areas, on site laundry coin Machine, DO NOT WALK THROUGH, DO NOT DISTURB THE TENANTS. ONLY DRIVE THROUGH (If we know you disturb the tenants, we will cancel this deal) DOES have a certificate of occupancy from City of Houston. Sorry! No visit before offer accepted email: jennypang2006@yahoo.com 539 Yorkshire Street, Houston, Texas 77022 North Houston Walking distance or 4 minutes drive from apartment to Tram Station / Super Wal-Mar

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6739 Fairway Drive

Houston, TX 77087

Multi-Family

$427,7778,680 SF

Garden style 16 apartment multifamily property with brick exterior, Long term happy tenants. Easy to manage. Corner lot on cul-de-sac. Across the street from Houston high school with fooball stadium and baseball field. One block from Cullinane park with walking and jogging trails amont beautiful trees. 3 blocks from elementary school. Easy to get new tenants.

Houston, TX Apartment Buildings for Sale

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