22063 FM 1098 Rd | Prairie View, TX 77446
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22063 FM 1098 Rd
Prairie View, TX 77446
Creekside Apartments · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Creekside Apartments is a market rate, 36 unit, 72-bed student-housing community.
- Designed to incorporate convenience of space with a preferential location.
- Unique opportunity to acquire stabilized student housing asset with strong cash flows.
- The property is contained on approximately 17 acres of land, providing additional income stability.
- Creekside Apartment’s distinctive combination of desirable location future development potential will appeal to any student attending the University.
- Significant revenue growth potential through execution of additional development opportunities.
PROPERTY FACTS
| No. Units | 36 | Building Size | 30,312 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2007 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Lot Size | 17.29 AC |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 17.29 AC |
| Building Size | 30,312 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2007 |
| Parking Ratio | 1.35/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Fenced Lot
- Property Manager on Site
- Gated
- Furnished Units Available
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 36 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 7155 | Improvements Assessment | $2,273,180 |
| Land Assessment | $726,820 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
7155
Land Assessment
$726,820
Improvements Assessment
$2,273,180
Total Assessment
$3,000,000
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