Apartments For Lease • 920 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| Unkwn Floor Ste | Office | 920 SF | $744.00 USD/SF/YR | |
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Lument is pleased to represent the Seller in the disposition of Bay Breeze, a 100-unit apartment community located in Bay City, TX. Bay Breeze was built in 1980 and renovated in 2020 under a Texas General Land Office Disaster Recovery Grant. The property benefits from a Project-Based Section 8 (HAP) contract on 100% of its units. It offers one, two, and three bedroom floor plans with an average size of 920 square feet on 10.67 acres (9.4 units/acre).
| Has maintained an average occupancy of more than 95% over the past three years |
| Property benefits from a 5-year HAP renewal contract on 100% of its units |
| Substantial renovation completed in 2020 under a GLO/CDBG grant |