Apartments For Sale
2,602 Sq Ft
Outstanding multifamily property located right off Interstate Highway 45 South!
Property’s location is prime to Houston multifamily market, being located just 5 minutes south from Downtown Houston, and a few minutes north of major commercial hub at Gulfgate Center Mall, and Hobby Airport. Additional reference points within a 2 mile radius include University of Houston (Main Campus), Gus Wortham Golf Course, Walmart Supercenter, and several green areas.
Property consists of 6 units in two adjacent buildings. There are 3 efficiencies, 2 two bed, and 1 one bed, with a spacious front and back yard. Property is currently cashflowing FULL OF TENANTS NOW!.
We put on over $70k of work put on property. Some major improvements include:
• Front Building: removed rotten wood, new exterior paint and trim, brand new wood staircase, new windows, new grass, and new 6ft privacy fence in the front house.
• Back Building: new vinyl flooring, cabinets, ceiling fans, resurfaced bathtub and kitchen, power washed exterior and painted key areas, new windows, and gravel coats layered throughout the parking area, etc
Property has room for adding value by separating electrical meters.
Please email us at Boris@sanmoreinvestments.com for financial evaluation, and market analysis.