7200 W TC Jester, Building 27
Houston, TX 77088 ·
4 Units · Multifamily For Sale
|No. Units||4||Property Use Type||Investment|
|Building Size||3,793 SF||Cap Rate||8.80%|
|Listing ID: 15535437||Date Created: 01/28/2008||Last Updated: 01/28/2008|
Each fourplex is a separately deeded property, with two 1-1 units, one 2-2 unit and one 3-2 unit. The buildings are constructed of brick veneer and wood on poured-in-place post concrete slabs, with the newly rehabbed buildings having Hardiplank siding. All buildings have composite shingle pitched roofs.
The apartments are spacious, each with a wood-burning fireplace, carpet and/or tile flooring, refrigerator, hot water heater, cooking range, built-in dishwasher, washer/dryer connections (many have washers and dryers in
them), and secure utility/storage room just outside the living area.
The property is all-electric, with no gas. Tenants pay their own electric, telephone and cable. The owners' association is responsible for:
· Water and sewerage
· Trash pickup
· Maintenance of all common areas, such as the manager' s office, driveways, fences, gates, etc
· Maintenance and repair of the exterior of all buildings
· Repair of any interior problems caused by exterior issues
Inwood Village is a wooded, gated community in a quiet, residential neighborhood. Constructed in 1983, the entire complex consists of forty-four individually owned fourplexes (total of 176 units), a manager' s office, storage rooms and a maintenance workshop. Up to three of the forty-four fourplexes are for sale via this offering.
This is an excellent opportunity for a group of first time investors, out-of-town investors or absentee landlords to purchase an updated, low maintenance package of fourplexes.
Inwood Village is located near the intersection of W. Little York and W. T.C. Jester, approximately 7 miles from downtown Houston / Central Business District . Situated on a bus line, it also offers convenient access to major highways. Interstate 45, TX 290, TX 249, the Sam Houston Parkway (Hwy 8) and the Inner Loop (I-610) are all within a few of miles of the property.
402 N Adams
Houston, TX 77011
For Sale · $639,900
4,159 SF Building
1125 W Clay St
Houston, TX 77019
For Sale · $750,000
3,981 SF Building
3933 N Main St
Houston, TX 77009
For Sale · $825,000
2,745 SF Building
630 W Alabama St
Houston, TX 77006
For Sale · $799,000
3,392 SF Building
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.