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1727 Main St
La Marque, TX 77568
Marq on Main · Multifamily Property For Sale
·
65 Units
Executive Summary
Partners is pleased to present Marq on Main Apartments, a 65-unit multifamily investment opportunity in La Marque, Texas, where a significant portion of the heavy lifting has already been completed.
Situated on 3.07 acres, the property consists of five buildings with a unit mix of twenty-five one-bedroom units and forty two-bedroom units. Originally acquired in 2023 for a full-scale redevelopment, ownership has already executed a substantial portion of the renovation plan. The property has been taken down to the studs across all units, creating a true blank slate for a new investor to complete the vision without the challenges of tenant disruption or phased construction.
Situated on 3.07 acres, the property consists of five buildings with a unit mix of twenty-five one-bedroom units and forty two-bedroom units. Originally acquired in 2023 for a full-scale redevelopment, ownership has already executed a substantial portion of the renovation plan. The property has been taken down to the studs across all units, creating a true blank slate for a new investor to complete the vision without the challenges of tenant disruption or phased construction.
Property Facts
| Sale Type | Investment | Construction Status | Under Renovation |
| No. Units | 65 | Building Size | 46,116 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2026 |
| Building Class | C | Parking Ratio | 2.21/1,000 SF |
| Lot Size | 3.07 AC |
| Sale Type | Investment |
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.07 AC |
| Construction Status | Under Renovation |
| Building Size | 46,116 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2026 |
| Parking Ratio | 2.21/1,000 SF |
Amenities
Unit Amenities
- Storage Space
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 556 - 575 |
| 2+1 | 40 | - | 663 - 778 |
Property Taxes
| Parcel Number | 2775-0016-0700-003 | Improvements Assessment | $2,466,880 |
| Land Assessment | $33,120 | Total Assessment | $2,500,000 |
Property Taxes
Parcel Number
2775-0016-0700-003
Land Assessment
$33,120
Improvements Assessment
$2,466,880
Total Assessment
$2,500,000
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