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2550 S Bypass 35
Alvin, TX 77511
The French Quarter Residence · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Ideal for the small investor
- Great opportunity to purchase a value-add investment
- Alvin is a strong sub-market of Houston
- 19 units have received a complete remodel - remodeled units get $175/$200 bump
- Excellent access to major employment centers
- All cash or possible owner financing
Property Facts
| No. Units | 40 | Building Size | 34,120 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Lot Size | 1.61 AC | ||
| Zoning | 0053 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 34,120 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.73/1,000 SF |
| Zoning | 0053 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Tile Floors
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 40 | - | 853 |
Property Taxes
| Parcel Number | 0225-0030-000 | Improvements Assessment | $3,297,180 |
| Land Assessment | $227,930 | Total Assessment | $3,525,110 |
Property Taxes
Parcel Number
0225-0030-000
Land Assessment
$227,930
Improvements Assessment
$3,297,180
Total Assessment
$3,525,110
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