10155 Bammel North Houston Rd | Houston, TX 77086
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
10155 Bammel North Houston Rd
Houston, TX 77086
Park at Fallbrook · Multifamily Property For Sale
·
280 Units
Investment Highlights
- HUD Loan Assumption at 2.49% With Estimated LTV Greater Than 72%
- Average Rents of $1,161/Month and Average Unit Size Greater Than 1,000 SF
- New Roofs on Entire Complex Completed in May 2024; Insurance Reduction of ~$140,000 With May 2024 Renewal
- Great Unit Mix - 84% Are 2 or 3 Bedroom Units - Up To 1,143 SF
- Property is Tax Exempt with Ground Lease in Place with CCHA
- Continuous Investment With Over $1.8MM Invested in CapEx Since 2021
Property Facts
| No. Units | 280 | Building Size | 283,796 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2002 |
| Building Class | C | Parking Ratio | 1.93/1,000 SF |
| Lot Size | 19.66 AC |
| No. Units | 280 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 19.66 AC |
| Building Size | 283,796 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 2002 |
| Parking Ratio | 1.93/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Pantry
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Gated
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 44 | - | 686 - 787 |
| 2+2 | 160 | - | 1,027 |
| 3+2 | 76 | - | 1,143 |
Property Taxes
| Parcel Number | 1237140000001 | Improvements Assessment | $9,189,267 |
| Land Assessment | $2,568,867 | Total Assessment | $11,758,134 |
Property Taxes
Parcel Number
1237140000001
Land Assessment
$2,568,867
Improvements Assessment
$9,189,267
Total Assessment
$11,758,134
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
