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West Alabama Place
1648 W Alabama, Houston, TX 77006
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
Created 1/1/2004
Additional Information for 1648 W Alabama Street, Houston, TX 77006
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
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property to determine to your satisfaction the suitability of the property for your needs. TB-BSO