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2107 N Ben Jordan St
Victoria, TX 77901
Summerstone · Multifamily Property For Sale · 168 Units

INVESTMENT HIGHLIGHTS

  • Assumable In-Place Loan with Extremely Favorable Terms
  • Proven Value-Add Concept with Abundant Upside Remaining
  • Well-Maintained Asset with Over $1.12M in Recent Improvements
  • Attractive Basis with Massive Upside Potential Through Stabilization
  • Below Market Rents Compared to Similar Multifamily Properties
  • Central Location with Proximity to Top Area Employers

PROPERTY FACTS

No. Units 168
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.12 AC
Building Size 119,020 SF
Average Occupancy 90%
No. Stories 2
Year Built 1980
Parking Ratio 2.38/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Patio

SITE AMENITIES

  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Tennis Court
  • Basketball Court
  • Volleyball Court

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23000-003-00306
Land Assessment
$399,550
Improvements Assessment
$5,500,450
Total Assessment
$5,900,000
  • Listing ID: 27699684

  • Date on Market: 2/7/2023

  • Last Updated:

  • Address: 2107 N Ben Jordan St, Victoria, TX 77901

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