1601 Moore Ave | Portland, TX 78374
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- LoopNet Team
1601 Moore Ave
Portland, TX 78374
Oak Manor Villas - Portland · Multifamily Property For Sale
·
140 Units
INVESTMENT HIGHLIGHTS
- Unique low-density asset with neighborhood feel.
- Attractive loan assumption with low fixed rate and high leverage.
- Favorable property taxes compared to neighboring counties.
- 2016 Construction with no deferred maintenance and interior value-add potential.
- Affluent demographics and desirable school district.
- Proximity to Nation's 3rd largest port (by tonnage) and top area employers.
PROPERTY FACTS
| No. Units | 140 | Lot Size | 22.93 AC |
| Property Type | Multifamily | Building Size | 183,960 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 2016 |
| Zoning | RM | ||
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 22.93 AC |
| Building Size | 183,960 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2016 |
| Zoning | RM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Pantry
SITE AMENITIES
- Clubhouse
- Courtyard
- Fitness Center
- Playground
- Property Manager on Site
- Gated
- Planned Social Activities
- Walking/Biking Trails
- Pond
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 35 | $1,358 | 1,100 - 1,120 |
| 2+2.5 | 16 | $1,491 | 1,322 |
| 3+2 | 73 | $1,528 | 1,371 |
| 3+2.5 | 16 | $1,800 | 1,491 |
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