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2819 Berry St 12 Unit Apartment Building $1,200,000 ($100,000/Unit) Houston, TX 77004



Investment Highlights
- Fully Renovated & Turnkey Complete interior renovations throughout — modern finishes, fresh paint, new flooring, and upgraded fixtures in every unit.
- Updated Interiors & Appliances Each unit features brand-new kitchen appliances, modern countertops, and refreshed bathrooms, ready for immediate occup
- Prime Central Location Just minutes from Downtown Houston, University of Houston, and Texas Southern University — ideal for both student and professio
- New Mechanical Systems All-new plumbing, roof, and electrical systems for long-term durability and minimal deferred maintenance.
- Enhanced Security & Technology Equipped with new surveillance camera units providing 24/7 monitoring and added tenant peace of mind.
- Strong Rental Demand & Upside Renovations allow for market rent increases and excellent long-term appreciation in the rapidly developing Third Ward /
Executive Summary
28 Nineteen on Berry | 5 Minutes from University of Houston | Prime Student Housing Opportunity
Property Overview:
Welcome to 28 Nineteen on Berry, a recently renovated boutique multifamily asset located just 5 minutes from the University of Houston. This turnkey opportunity blends modern finishes with consistent rental income, making it ideal for both student housing operators and value-add investors.
Investment Highlights:
Average Rent Roll: $1,200 per unit plus $50 RUBS (utility reimbursement)
Value-Add Upside: Two remaining units will be fully renovated at seller’s expense upon closing
Recently Renovated: Majority of units feature new flooring, updated kitchens, and modern baths
Strong Demand Drivers: Walking distance to UH, minutes from downtown Houston and the Medical Center
Stabilized Cash Flow: Strong occupancy supported by steady student and young professional tenant base
The Opportunity:
With only two units left to complete, 28 Nineteen on Berry offers investors a near-stabilized property with built-in appreciation potential. The seller’s commitment to deliver the remaining units fully renovated at closing ensures a seamless transition for the next owner and immediate rent-growth potential.
Location Highlights:
Situated in Houston’s rapidly evolving University Corridor, the property benefits from proximity to University of Houston, Texas Southern University, Midtown, and the Medical Center — driving consistent rental demand year-round. The area’s ongoing revitalization and infrastructure improvements continue to attract both students and professionals seeking quality housing minutes from downtown.
Summary:
28 Nineteen on Berry represents a rare blend of location, cash flow, and upside — a true turnkey investment with built-in value-add potential in one of Houston’s most resilient rental submarkets.
Property Overview:
Welcome to 28 Nineteen on Berry, a recently renovated boutique multifamily asset located just 5 minutes from the University of Houston. This turnkey opportunity blends modern finishes with consistent rental income, making it ideal for both student housing operators and value-add investors.
Investment Highlights:
Average Rent Roll: $1,200 per unit plus $50 RUBS (utility reimbursement)
Value-Add Upside: Two remaining units will be fully renovated at seller’s expense upon closing
Recently Renovated: Majority of units feature new flooring, updated kitchens, and modern baths
Strong Demand Drivers: Walking distance to UH, minutes from downtown Houston and the Medical Center
Stabilized Cash Flow: Strong occupancy supported by steady student and young professional tenant base
The Opportunity:
With only two units left to complete, 28 Nineteen on Berry offers investors a near-stabilized property with built-in appreciation potential. The seller’s commitment to deliver the remaining units fully renovated at closing ensures a seamless transition for the next owner and immediate rent-growth potential.
Location Highlights:
Situated in Houston’s rapidly evolving University Corridor, the property benefits from proximity to University of Houston, Texas Southern University, Midtown, and the Medical Center — driving consistent rental demand year-round. The area’s ongoing revitalization and infrastructure improvements continue to attract both students and professionals seeking quality housing minutes from downtown.
Summary:
28 Nineteen on Berry represents a rare blend of location, cash flow, and upside — a true turnkey investment with built-in value-add potential in one of Houston’s most resilient rental submarkets.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,200,000 | Building Class | B |
| Price Per Unit | $100,000 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 9,226 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 75% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1947/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | B1 - Existing | ||
| Price | $1,200,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 9,226 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1947/2025 |
| Parking Ratio | 1.3/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B1 - Existing |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Oven
Site Amenities
- Laundry Facilities
- Video Patrol
- Trash Pickup - Curbside
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $1,250 | 750 |
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 0192020030007 | Total Assessment | $850,000 |
| Land Assessment | $360,150 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $489,850 | Tax Year | 2025 |
Property Taxes
Parcel Number
0192020030007
Land Assessment
$360,150
Improvements Assessment
$489,850
Total Assessment
$850,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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2819 Berry St
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