1400 W Henderson Rd | Angleton, TX 77515
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This Multifamily Property is no longer advertised on LoopNet.com.
1400 W Henderson Rd
Angleton, TX 77515
Texas Angleton Ranch · Multifamily Property For Sale
·
176 Units

INVESTMENT HIGHLIGHTS
- Significant upside by increasing current occupancy which is currently 81.7%
- Ideally located within the market; walking distance to area schools and near employers and retail
- Seller may be willing to provide Purchaser up to $1,000,000 in a preferred equity like structure contingent on price and sponsorship
- Additional upside potential by continuing current Ownership's interior renovation program to remaining 136 "classic" units
- Property is being offered on an All-Cash basis
PROPERTY FACTS
| No. Units | 176 | Lot Size | 6.97 AC |
| Property Type | Multifamily | Building Size | 145,006 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1975/2018 |
| Zoning | MF - Multi-Family | ||
| No. Units | 176 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.97 AC |
| Building Size | 145,006 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2018 |
| Zoning | MF - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Pet Play Area
- Maintenance on site
- Pet Washing Station
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | $695.00 | - |
| 2+1 | 40 | $785.00 | - |
| 2+2 | 80 | $945.00 | - |
| 3+2 | 8 | $1,175 | - |
LINKS
PROPERTY TAXES
| Parcel Number | 6552-0000-120 | Improvements Assessment | $10,421,210 |
| Land Assessment | $1,578,790 | Total Assessment | $12,000,000 |
PROPERTY TAXES
Parcel Number
6552-0000-120
Land Assessment
$1,578,790
Improvements Assessment
$10,421,210
Total Assessment
$12,000,000
Listing ID: 21656424
Date on Market: 12/3/2020
Last Updated:
Address: 1400 W Henderson Rd, Angleton, TX 77515
The Multifamily Property at 1400 W Henderson Rd, Angleton, TX 77515 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
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