Historical Multifamily Sale Listing - Inwood Properties

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Inwood Properties

5300 WEST GULF BANK, Houston, TX 77088

N/A

564 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
564
Building Size:
443,148 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
10.01%
Occupancy:
42%
No. Stories:
2
Year Built:
1981
Lot Size:
17.85 AC
Listing ID
14113881
Last Updated
over 1 year ago

Highlights

  • RECENT FORECLOSURE
  • ALL CASH
  • GREAT UPSIDE POTENTIAL
  • PITCHED ROOFS / INDIVIDUAL ELECTRIC METERS

Description

RECENT FORECLOSURE!! THE THREE INWOOD PROPERTIES ARE 1981 CIRCA BUILT PROPERTIES. THE PROPERTY IS NEAR TWO MAJOR EXPRESSWAYS WITH GOOD ACCESS AND VISIBILITY. AMENITIES INCLUDE WASHER/DRYER CONNECTIONS, DISHWASHERS, REFRIGERATORS, CIELING FANS, TILED ENTRYWAYS, FIREPLACES IN SOME UNITS, 3 SWIMMING POOLS, 5 LAUNDRY FACILITIES, AND CODED SECURITY GATES. THE PROPERTY HAS MANY DOWN UNITS AND MAJOR DEFERRED MAINTENANCE. PLEASE GO TO ABOVE WEBSITE FOR MORE SUPPORTING INFORMATION REGARDING INWOOD PROPERTY.

THE THREE INWOOD APARTMENTS ARE LOCATED IN NORTHWEST HOUSTON. THE SUBJECT IS SITUATED ONE HALF MILE EAST OF ANTOINE STREET ON WEST GULF BANK. WEST GULF BANK IS THE PRIMARY EAST / WEST THOROHGHFARE OF THE AREA. ANTOINE IS A PRIMARY NORTH / SOUTH ARTERY IN THE AREA. THIS LOCATION LENDS THE PROPERTY GOOD ACCESS TO ALL MAJOR ARTERIES OF HOUSTON.

Map of 5300 WEST GULF BANK, Houston, TX 77088 (Harris County)

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