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Spruce Bellafontaine 2232 Bellefontaine 12 Unit Apartment Building $3,350,000 ($279,167/Unit) 5.48% Cap Rate Houston, TX 77030

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Investment Highlights

modernly renovated in 2019

Property Facts

Price	$3,350,000	Apartment Style	Low-Rise
Price Per Unit	$279,167	Building Class	C
Sale Type	Investment	Lot Size	0.26 AC
Cap Rate	5.48%	Building Size	11,636 SF
Sale Condition	Build to Suit	Average Occupancy	100%
No. Units	12	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1955/2019
Property Subtype	Apartment Office Office Residential Multifamily Dormitory	Parking Ratio	1.03/1,000 SF
Zoning	MF - Multi-Family

Price	$3,350,000
Price Per Unit	$279,167
Sale Type	Investment
Cap Rate	5.48%
Sale Condition	Build to Suit
No. Units	12
Property Type	Multifamily
Property Subtype	Apartment Office Office Residential Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.26 AC
Building Size	11,636 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1955/2019
Parking Ratio	1.03/1,000 SF
Zoning	MF - Multi-Family