10317 Lake Rd | Houston, TX 77070
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- LoopNet Team
10317 Lake Rd
Houston, TX 77070
PACKAGE DEAL · Multifamily Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- This is a new construction development for 16 buildings of 4 apartments (4 Plex) per building into a gated community.
- The first building will be completely built by March of this year and then one more building every month.
- Download here a marketing flyer that shows more details including an estimated income proforma per building.
- There are 8 building under contract and the seller is interested in a single buyer to purchase the other 8 buildings.
- All buildings are delivered "turnkey" including appliances.
- Download here the survey that shows the location of the 16 buildings. Buildings available for sale are : 3, 5, 6,8,9, 11,13 and 16
PROPERTY FACTS
| No. Units | 32 | Building Size | 32,640 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 2023 |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 32,640 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 1.71/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Yard
- Patio
SITE AMENITIES
- 24 Hour Access
- Playground
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,020 |
PROPERTY TAXES
| Parcel Number | 1364930010001 | Improvements Assessment | $483,886 |
| Land Assessment | $697,056 | Total Assessment | $1,180,942 |
PROPERTY TAXES
Parcel Number
1364930010001
Land Assessment
$697,056
Improvements Assessment
$483,886
Total Assessment
$1,180,942
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