1318 Avenue A | South Houston, TX 77587
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- LoopNet Team
1318 Avenue A
South Houston, TX 77587
Investment Opportunity: 42-Unit High Occ. · Multifamily Property For Sale
·
42 Units
INVESTMENT HIGHLIGHTS
- 97% Occupancy
- Separate Meter for Water and Electric
- Ideal Unit Mix of 35- 2 bed/1 bath units, 6- 2 bed/1.5 bath units, and 1- 1 bed/1 bath unit
- 2020 Construction
- Comprehensive Safety: equipped with sprinkler systems throughout all buildings and units
- On-Site Management- includes a dedicated on-sight office with a local part time manager
PROPERTY FACTS
| No. Units | 42 | Building Size | 38,930 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2020 |
| Building Class | B | Parking Ratio | 2.57/1,000 SF |
| Lot Size | 1.29 AC |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.29 AC |
| Building Size | 38,930 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 2.57/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 0341930000205 | Improvements Assessment | $3,991,971 |
| Land Assessment | $335,844 | Total Assessment | $4,327,815 |
PROPERTY TAXES
Parcel Number
0341930000205
Land Assessment
$335,844
Improvements Assessment
$3,991,971
Total Assessment
$4,327,815
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