Historical Multifamily Sale Listing - West Alabama Place

Multifamily For Sale

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West Alabama Place

1648 W Alabama, Houston, TX 77006

West Alabama Place
  • N/A
  • 35
  • 18,100 SF
  • Multifamily
  • Garden/Low-Rise
  • Investment
  • 8%
  • 90%
  • 2
  • 1960
  • 18,750 SF
Last Verified  10/13/2004 Listing ID  13831101

Highlights

  • well maintained
  • impressive complex
  • low operating costs
  • no deferred maintenance - new roof & sewer syst.
  • prime location
  • building & unit SF per HCAD

Description

Rare opportunity - not in MLS: Nice 35-unit complex in sought after inner-loop Mostrose area (just West of down town Houston). 2 story building construction consists of all brick exterior with concrete balconeys, cute and quiet courtyard in center of complex, new pitched roof, and consists of 27 one bedrooms and 8 efficiencies. Rents are under market, water is charged back to tenants, seperately metered, window a/c/heat units, carpeted, coin-op laundry on site. Entire property is obviously kept/maintained very well - very nice curb appeal. Always maintains close to 100% occupancy and units basically rent themselves based on high reputation and prime location. Property is priced to sell quickly. To see this property is to appreciate this property. Please do not disturb the tenants, but feel free to walk around and appreciate what it has to offer.

******UNDER CONTRACT*********************near the corner of West Alabama and Dunlavy in Montrose

Map of 1648 W Alabama, Houston, TX 77006

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Created 1/1/2004

Additional Information for 1648 W Alabama Street, Houston, TX 77006