Historical Multifamily Sale Listing - West Point Village

Multifamily For Sale

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West Point Village

3635 S. Shaver, Pasadena, TX 77504

N/A

422 Units | Multifamily

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West Point Village

Multifamily Property - Off Market

Price:
N/A
No. Units:
422
Building Size:
324,270 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
6.73%
Occupancy:
62%
No. Stories:
2
Year Built:
1956
Lot Size:
12.82 AC
Listing ID
13835471
Last Updated
over 1 year ago

Highlights

  • Good rehab candidate
  • Seller rebuilt the chilled water system
  • Seller replaced boilers
  • Sellers estimates $350,000 to complete repairs 100%
  • Seller wants a quick deal
  • Please visit our website at www.ketent.com

Description

Good 422 unit rehab candidate located in Pasadena, Texas. The seller rebuilt the chilled water system, replaced the boilers and did many make-readies. According to the seller it will take an additional $350,000 to complete the work 100%, a buyer should verify this. The seller would prefer a quick deal here. Asking $18,365 per unit.

Located in Pasadena, Texas the property is only about 20 minutes from downtown Houston.

Map of 3635 S. Shaver, Pasadena, TX 77504

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Created 1/12/2004