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6840 Fairway Dr
Houston, TX 77087 Golfcrest

$1,852,500 USD

Apartments For Sale  •  27,710 SF

Property Details

  • Property Type Apartments
  • Total Building Size 27,710 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1960
  • Zoning N/Ap, Houston
30 Transit Score
60 Walk Score

Description

Amblegrove Apartments is a fully renovated 16-unit multifamily community located in the Golfcrest submarket of Southeast Houston. The property offers investors the opportunity to acquire a repositioned asset with strong lease-up potential, attractive projected cash flow, and immediate access to several of Houston’s largest employment and economic drivers.
The property consists primarily of spacious two-bedroom units and has undergone extensive renovations, positioning it competitively within the surrounding rental market.
Strategically located near I-45, Loop 610, the University of Houston, the Texas Medical Center, Hobby Airport, and the Port of Houston, the property benefits from exceptional connectivity to major employment hubs, retail corridors, and educational institutions. Houston’s continued population growth, affordability advantages, and expanding logistics, healthcare, and energy sectors continue to support multifamily demand throughout the area. 
In addition to the standalone acquisition opportunity, investors have the ability to acquire the adjacent Lancia Apartments, a recently renovated 22-unit multifamily property, creating a larger multifamily portfolio with increased scale, operational efficiencies, and expanded rental income potential.
Amblegrove Apartments presents a compelling opportunity for investors seeking a renovated small multifamily asset with projected stabilized income, strong renter demographics, and long-term appreciation potential in one of Houston’s highly accessible infill submarkets.

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
13 min - 8.3 mi
AirportDriveWalkDistance
William P Hobby 15 min - 5.6 mi
George Bush Intcntl/Houston 36 min - 28.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Matthew Bean 713-405-7480 Partners
Matthew Bean 713-405-7480 Partners