This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1000 N Northwood St
Baytown, TX 77521
Palms at Baytown · Multifamily Property For Sale
·
89 Units
PROPERTY FACTS
| No. Units | 89 | Building Size | 77,779 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Lot Size | 3.79 AC | ||
| Zoning | BI | ||
| No. Units | 89 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.79 AC |
| Building Size | 77,779 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | BI |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Tile Floors
- Granite Countertops
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
ABOUT 1000 N NORTHWOOD ST , BAYTOWN, TX 77521
** PLEASE CLICK THE LINK BELOW IN ATTACHMENTS FOR THE PROPERTY WEBSITE AND ACCESS TO THE FINANCIALS AND OFFERING MEMORANDUM ** Palms at Baytown is an 88-unit multifamily investment opportunity in Baytown, TX. Baytown, TX is approximately 27 miles east of downtown Houston. Baytown is a strong employment sector in the Texas Gulf Coast due to major refinery expansions and close proximity to the Houston ship channel and the Port of Houston. * Good cash flow on actual current NOI * Attractive unit mix; over 70% 2 and 3-bedroom apartments * Current rents appear to be below market for like-sized floor plans, therefore, there is strong rental upside potential by curing moderate exterior deferred maintenance * Renovations within the last 5 years include: - Updated interiors (approximately 90% of the units have granite countertops, new appliances, new cabinet fronts and ceramic tile flooring) - New AC units in approximately 50% of the units - New low-flow toilets in all apartments
PROPERTY TAXES
| Parcel Number | 0451440020028 | Improvements Assessment | $4,965,599 |
| Land Assessment | $660,368 | Total Assessment | $5,625,967 |
PROPERTY TAXES
