Remarks

Great value-add multifamily property just south of Downtown Houston. 36 units plus 5 additional income producing units. Mix of studios, one, bedrooms and two bedroom units. This property has received over $268,000 in upgrades in the last year. Many repairs have been completed by current ownership including upgrading many interiors, new sewer line, some hot water heaters replaced, upgraded laundry room and so much more. Ownership group intends to 1031 into a larger complex to be identified.

Details

MLS#: 20603077
Price: $3,500,000

Style: Hotel/Motel
Sq Ft: 26234.00
Year Built: 1964

County: Harris
Subdivision: Oak Acres