1421 Marshall is a 12 unit multifamily asset in the heart of Montrose, the hottest submarket in Houston, Texas. The 12 units are micro units which are perfect for students. The property is walking distance to St. Thomas University. It is in decent shape but could be upgraded to take advantage of the high rent prices in the area. The decent land size also makes this an opportunity to demolish the improvements and build one or two townhomes. 1421 Marshall is a great asset for any investor looking for a proven market that will hold its value. There is a great value add opportunity and the stellar location is one of the best in Houston.
67,960 SFPrice Upon Req.
Transwestern's Houston Multifamily Advisors is pleased to offer The Montrose Value-Add Portfolio, an exceptional value-add collection of apartments, townhomes, quadraplex and rental homes with a spectacular location in the Montrose District, just west of downtown Houston, TX. The Montrose Value-Add Portfolio consists of 48 apartment-units, 13 townhomes, 1 quadraplex and 5 rental homes with 8-units that include 2 garage apartments; for a total of 73 units, 67,960 rentable square feet, with a land tract of 2.09 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 6.9% over the last 6 months.
This is a great investment opportunity. The building contains 18 apartment units and 2 retail spaces. 2 units 2 bd. rented for 650. both occupied 6 are studios rented for 400 1 is vacant. 10 are 1 bdr. rented for 450 1 is vacant The beauty salon pays 700. The corner is ideal for a meat market, taqueria or just a C store.
Easy access to major freeways, medical center. Great for singles, or couples. Also for lease for $1,900
Great Income Producing Property!! 96,853 SF Lot with about 14 Rental Units!! At maximum capacity, opportunity to bring in OVER $6,000/ Month
Rare opportunity to own this portfolio of Garden Apartments, Duplexes, and Vacant Land. 69 Duplexes, 3 Duplex lots, Garden style apartments. Please contact for more information. Building size and lot size are approximate per HCAD.
130,635 SFPrice Upon Req.
Marcus & Millichap is pleased to announce the exclusive listing of The Alara, a Class B , 155 unit apartment located in the fast growing area of North Houston. Built in 1982 and lying on over six acres, residents enjoy easy access to major thoroughfares such as I-45, the Sam Houston Tollway and the Hardy Toll Road making for easy commutes to the major employment centers of Houston such as Bush Intercontinental Airport, the new Pinto Business Park with HD Supply and Grocers Supply, SYSCO and the new ExxonMobil campus. Major renovations were completed in 2010 and included new access gates, new fencing, replastered pool, new Hardi-plank exterior, new exterior paint and a remodeled leasing office. The Alara offers residents a choice of one and two bedroom that average a spacious 843 square feet that include twenty nine one and two bedroom townhomes. Community amenities include a sparkling swimming pool, children' s playground, a social area with grills, children' s swing set area, a business center, a DVD library and access gates. The owner also has plans for the installation of a new dog park.
4,400 SFPrice Upon Req.
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.
12,656 SFPrice Upon Req.
" Existing Tenants Include Office, Retail & Residential " Income Producing " Off-Street Parking " Remodeled 2011 " 1st Floor Availability for Owner Occupied User
20 apartment units priced below land value with potential for redevelopment. Frontage road property. Right on feeder of 610 between offramp and entrance to freeway. Great re-development potential. On feeder of 610 between off-ramp and entrance to freeway. Possible be part of 5 acre Woodside Plaza Development near Reliant Center and Astrodome. Consists of 6 apts at 9603 Riddlewood and 14 apts at 9607 Riddlewood. Roof was replaced new in 2013 and warranty is transferrable. Central laundry. 9 are three bedrooms and 8 are two bedrooms with two baths. Covered parking. Tenants pay separate electric bills.