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INVESTMENT HIGHLIGHTS
- 100% occupancy
- Detached garages
- Laundry facilities
EXECUTIVE SUMMARY
This well-maintained, fully leased 24-unit multifamily property comprises two 12-unit buildings that offer spacious floor plans, modern construction, and dependable operational performance. Built in 2012, the asset has benefited from consistent upkeep, including a roof replacement in 2018, which supports long-term durability and minimizes future capital expenditure needs.
Both buildings feature on-site laundry facilities and garages. With historically low vacancy and stable performance, this property represents an attractive, fully stabilized investment opportunity in the Crosby rental market.
Both buildings feature on-site laundry facilities and garages. With historically low vacancy and stable performance, this property represents an attractive, fully stabilized investment opportunity in the Crosby rental market.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.47 AC |
| No. Units | 24 | Building Size | 30,248 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2012 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 1.47 AC |
| Building Size | 30,248 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2012 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
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1003 2nd St
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