Houston, TX Apartment Buildings for Sale

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10027 Spice Lane

Houston, TX 77072

Multi-Family

$9,150,000201,198 SF

1984 HAROLD FARB CONSTRUCTED PROPERTY - INTERIOR UPGRADES COULD BRING A SUBSTANTIAL RENT PREMIUM - SOLD ON ASSUMPTION OF FANNIE MAE LOAN, MAY BE RESIZABLE. The Claridge Apartments is located on the corner of Spice Lane and Beltway 8 in west Houston, Texas. AT SOME POINT IN THE NEAR FUTURE THIS LOCATION WILL BE A LAND PLAY. This location allows the property good drive by traffic. The property is a FARB built property. All units have Washer and Dryer Connection, large walk-in closets. Other amenties include bay windows, fully equipped kitchens, large bedrooms, storage, balcony/patio, fire places - amenitie vary by floor plan. The Westchase District of Houston, which is a major employment center for Houston, is just 2 miles from the property. Houston Chinatown is just 1.5 miles from the property. Its location on Beltway 8 (which loops around Houston) allows the property to have access to all areas of Houston as well as shopping, dining and employment. With strong management and minor improvements a new owner could realize upside in the rents. Please do not visit the property without an appointment made through the broker.

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8323 Mcavoy Drive

Houston, TX 77074

Multi-Family

$1,008,00020,170 SF

Braes Timbers Apartments make an ideal turn-key investment for a new investor or a self-operating investor. Due to the recent renovation, occupancy has improved and rent continues to grow as units turn. A new investor will enjoy good cashflow as income and expense have stabilized. At list price and in the current interest rate environment, an investor can enjoy double-digit return on its investment, in addition to a management fee that one can pay oneself, boosting returns even higher. Property Tours By Appointment Only. Proof of Funds required for Property Tour. Please Do Not Disturb Property or Tenants

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838 Oak Street

Houston, TX 77018

Multi-Family

$1,875,00049,000 SF

SELLER FINANCE WITH $500K DOWN!! 94% occupied. Beautiful cozy garden apartment style living. All bills paid property. Recently rehabbed and a potential land play. Stays highly occupied. Ideal for long term cash flow or to hold for redevelopment. The owners added security gates, new mailboxes, a playground, landscaping and own laundry facility. 1 efficiency; 27 - 1 bedroom/1 bath; 30 - 2 bedroom/1 bath and 3 - 3 bedroom/3 baths.

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114 Heights Boulevard

Houston, TX 77007

Multi-Family

$405,0002,530 SF

Upscale 3 bedroom 3.5 bathroom three story home that has a great yard and each bedroom has an on suite bathroom. It is in a gated community in a great location by Washington Ave. and Heights Blvd with easy walking access to Porch Swing Pub, J Black's, Buffalo Wild Wings and others. Unique investment opportunity to get an income producing property with a CAP rate of 9% and benefit from extremely strong home value appreciation in the Washington Ave. area. It can be leased for approximately $1.45/ sqft (the home is 2530 sqft) for an annual income of $44,022. Or the owner can live in the home and lease out the other two bedrooms each for $1,300+ per month for an annual income of $31,200. I did this for the past year and a half, the rental income more than paid for the mortgage. Finding responsible tenants or roommates is easy because the Washington Ave area is in demand for many professionals in Houston. Washington Ave is experiencing strong price appreciation with many homes selling for over $210/sqft. This home price of $415,000 is at $164/sqft.

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910 Booth Street

Houston, TX 77009

Multi-Family

$269,5002,156 SF

"JUST REDUCED" Duplex with 2 bedroom($1,000/pm) and 3 bedroom(1200/pm) units. Can be used as single family or converted to a profession office or commercial use. Across from Metro Station. Great Visibility, next to commercial shopping center with Dollar General, Auto Zone and Wells Fargo.

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234 Styers Street

Houston, TX 77022

Multi-Family

$169,5001,710 SF

"JUST REDUCED" Large single family residence with over 1,700 sf of living space on an over sized (6,350 SF) lot. 4 Bedrooms, 2 bath rooms, Living room, Dining room, Family room with fire place. Tiled floors. Central Air Conditioning.

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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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12989 Bellaire Boulevard

Houston, TX 77072

Multi-Family

$475,0005,178 SF

Excellent fully leased three story property with established income of $4556/ month. First Floor is leased for NNN with 3% annual increase for 4 yr term and top 2 floors are also occupied. Upper two stories 4bedroom 3full baths, 2 half baths residential income with many upgrades. 3rd floor boasts very large continous room giving the amenities of Media room, Game room and a guest bed room with full bath. Shaft built out for elevator.

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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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10100 S Gessner Road

Houston, TX 77071

Multi-Family

$1,850,000100,000 SF

Excellent investment Opportunity for those in multifamily.

Houston, TX Apartment Buildings for Sale

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