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TenEleven Apartments 1011 W 10th St 14 Unit Apartment Building $2,000,000 ($142,857/Unit) Houston, TX 77008
Investment Highlights
- 100% Occupancy - Generating $18,995/month in actual rent revenue with zero vacancy
- Irreplaceable Heights Location - Supply-constrained submarket with near-zero new inner-loop deliveries
- Broad Buyer Profile - Attractive to 1031 exchange buyers, private investors, and family offices
- Turnkey Capital Stack - Roof, HVAC, wiring, W/D hook-ups, and water heaters all new
- Strong Rent Growth Trajectory - 3%+ annual rent growth projected as Heights market matures
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,000,000 | Building Class | C |
| Price Per Unit | $142,857 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 9,812 SF |
| Sale Condition | Business Value Included | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | B1 -- Real, Residential, | ||
| Price | $2,000,000 |
| Price Per Unit | $142,857 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,812 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2023 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | B1 -- Real, Residential, |
Amenities
Site Amenities
- Gated
About 1011 W 10TH ST , HOUSTON, TX 77008
1011 W. 10th Street is a fully renovated 14-unit multifamily community ideally situated in the heart of the Houston Heights — one of Houston’s most vibrant and supply-constrained inner-loop neighborhoods. The asset has undergone a comprehensive capital improvement program, transforming 1011 W. 10th Street into a highly attractive, low-maintenance investment featuring modernized interiors and significant upgrades throughout the property. Currently operating at 100% occupancy, the community generates strong in-place cash flow supported by rents that outperform many competing assets in the area, underscoring both the quality of the renovations and the property’s strong tenant demand. With a boutique unit count, stabilized operations, and a premier location in the heart of the Houston Heights, one of the city’s most desirable and supply-constrained rental markets, the property offers investors a compelling blend of immediate cash flow and long-term appreciation potential. Supported by continued population growth, limited opportunities for new multifamily development, and increasing barriers to entry throughout the Heights, 1011 W. 10th Street is exceptionally well-positioned to deliver durable income and sustained rental growth for years to come.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 525 - 600 |
Property Taxes
| Parcel Number | 0600840070011 | Improvements Assessment | $625,366 |
| Land Assessment | $540,000 | Total Assessment | $1,165,366 |
Property Taxes
