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Parkview Village Apartment 2323 Burke 60 Unit Apartment Building $4,900,000 ($81,667/Unit) Pasadena, TX 77502
Investment Highlights
- Prime location in Pasadena
- Below market rents with potential to increase to market rents
- High school and Elementary School across the street
- onsite office and laundry area
Property Facts
| Price | $4,900,000 | Building Class | C |
| Price Per Unit | $81,667 | Lot Size | 2.00 AC |
| Sale Type | Investment | Building Size | 56,390 SF |
| No. Units | 60 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Garden | Parking Ratio | 2.39/1,000 SF |
| Zoning | res | ||
| Price | $4,900,000 |
| Price Per Unit | $81,667 |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 56,390 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 2.39/1,000 SF |
| Zoning | res |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Walk-In Closets
Site Amenities
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 500 |
| 1+1 | 6 | - | 700 |
| 2+1 | 18 | - | 818 |
| 2+1.5 | 7 | - | 1,145 |
| 3+1.5 | 19 | - | 1,245 |
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Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0450020030068 | Improvements Assessment | $2,838,519 |
| Land Assessment | $834,992 | Total Assessment | $3,673,511 |
Property Taxes
Parcel Number
0450020030068
Land Assessment
$834,992
Improvements Assessment
$2,838,519
Total Assessment
$3,673,511
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