Back

1 of 13

2 of 13

3 of 13

4 of 13

5 of 13

6 of 13

7 of 13

8 of 13

9 of 13

10 of 13

11 of 13

12 of 13

13 of 13

2508 Southmore Blvd
Houston, TX 77004 MacGregor

$2,775,000 USD

Apartments For Sale • 15,396 SF

Property Details

Property Type Apartments
Total Building Size 15,396 SF
Lot Size 0.65 AC
Building Class C
Year Built 1965
Cap Rate 6.00 %

60 Transit Score

90 Walk Score

                
                    Highlights
                
                                Renovated 20-unit multifamily asset
                            
                                ~$1.7M invested into renovations and capital improvements
                            
                                Major upgrades to plumbing, electrical, roofing, HVAC , structural, and fire sprinkler systems
                            
                                Fully leased with stable in-place cash flow
                            
                                Minutes from the Texas Medical Center, University of Houston, Hermann Park, and Downtown Houston
                            
                                Strong demand drivers from healthcare, university, and urban employment growth

Property Flyers

2508-2512 Southmore - OM TX

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Kiland Group, Inc

Amenities

Courtyard
Microwave
Washer/Dryer
Gated
Kitchen
Hardwood Floors
Refrigerator
Oven
Stainless Steel Appliances

Public Transportation

Commuter Rail	Drive	Walk	Distance
	9 min	-	4.3 mi
Airport	Drive	Walk	Distance
William P Hobby	24 min	-	11.8 mi
George Bush Intcntl/Houston	30 min	-	21.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	32
Type:	Surface
Included in Rent:	Yes

Travis Purvis 832-832-0661 NorthPeak Commercial Advisors

2508 Southmore Blvd Houston, TX 77004 MacGregor