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2322 Richton St
Houston, TX 77098
2322 Richton Apartments · Multifamily Property For Sale
·
20 Units
PROPERTY FACTS
| No. Units | 20 | Building Size | 13,980 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2010 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | Commercial | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 13,980 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2010 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Oven
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Courtyard
- Laundry Facilities
ABOUT 2322 RICHTON ST , HOUSTON, TX 77098
Scott Gray Real Estate is proud to exclusively introduce the twenty unit Spruce Richton Apartments located at 2322 Richton St. in Houston's highly desirable Upper Kirby District. This quality located, unique apartment community underwent a major rehab approximately 10 years ago resulting in the creation of an operation that delivers consistently high occupancy and rent growth. Improvements made over the years have transformed this 1962 constructed apartment project into a hugely desirable community. Rarely does an asset such as this come to market offering that operator who possesses a pride in ownership an opportunity to acquire such a quality property that delivers immediate cash flow and a proven value add component. Recently, as an example, Owner added a stack washer/dryer to two 2BR-1BA units and pushed rents by as much 10%. Richton will be shown by appointment only. Please contact Listing Broker to arrange a tour. Drive-bys are welcome but PLEASE DO NOT ENTER THE PROPERTY OR ENGAGE ANY TENANTS. Thank you.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $1,198 | 750 |
| 2+1 | 4 | $1,548 | 920 |
PROPERTY TAXES
| Parcel Number | 0741070090014 | Improvements Assessment | $823,504 |
| Land Assessment | $1,539,000 | Total Assessment | $2,362,504 |
PROPERTY TAXES
