3201 Garth Rd | Baytown, TX 77521
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3201 Garth Rd
Baytown, TX 77521
REO Multi-Family | Houston MSA · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- 3201 Garth Rd is a 56-unit multi-family asset with move-in ready vacancies in Baytown, a major employment hub in the Houston MSA.
- 3201 Garth Rd includes 10 recently upgraded units with washer and dryer hookups, commanding a $75 rent premium.
- The Verve is highly accessible to I-10, providing a 30-minute drive to Downtown Houston.
- The Verve presents investors an advantageous opportunity to acquire an 88% occupied, income-producing asset with value-add potential.
- Houston’s Ship Channel, Exxon Mobile Oil Refinery, and other local refineries are drivable from the property.
- Over 218,000 residents within a 10-mile radius boast an average household income of $90,000 annually.
PROPERTY FACTS
| No. Units | 56 | Lot Size | 2.43 AC |
| Property Type | Multifamily | Building Size | 46,328 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1963/2017 |
| Zoning | None | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.43 AC |
| Building Size | 46,328 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2017 |
| Zoning | None |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Family Room
- Pantry
- Vinyl Flooring
SITE AMENITIES
- Business Center
- Clubhouse
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Cabana
- Grill
- Media Center/Movie Theatre
- Wi-Fi
- Lounge
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,029,291 | |
| Land Assessment | $1,157,872 | Total Assessment | $4,187,163 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,157,872
Improvements Assessment
$3,029,291
Total Assessment
$4,187,163
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