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420 Garland Dr
Lake Jackson, TX 77566
Shadow Park · Multifamily Property For Sale · 168 Units

PROPERTY FACTS

No. Units 168
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 6.14 AC
Building Size 119,880 SF
Average Occupancy 79%
No. Stories 2
Year Built/Renovated 1980/2014
Parking Ratio 1.75/1,000 SF
Zoning 2/27/17 CJC - B C I C DIV 15 (A0019 S F AUSTIN), LOT 250-251B, ACRES 6.140, LAKE JACKSON

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Window Coverings

SITE AMENITIES

  • Business Center
  • Controlled Access
  • Clubhouse
  • Fenced Lot
  • Fitness Center
  • Laundry Facilities
  • Playground
  • Pool
  • Property Manager on Site
  • Gated
  • Grill
  • Laundry Service
  • Package Service
  • Pet Play Area
  • Maintenance on site
  • Multi Use Room
  • Sundeck

ABOUT 420 GARLAND DR , LAKE JACKSON, TX 77566

The Shadow Park Apartments are well located just off Hwy 288 (Nolan Ryan Expy) on Garland Drive in Lake Jackson, Tx., which is part of the Houston MSA. The property is in the Brazosport market, a secondary Market to Houston. Houston is approximately 40 miles north of the property. Lake Jackson is home to the Dow Chemical Innovation Center and the Texas Dow Employee Credit Union, Dow is the largest chemical complex in the world. A few of the top employers that are minutes from the property are; Dow Chemical Company, Fluor Corporation, Zachry Group, Phillips 66, BASF Corporation and Excel. Property Information - 156 units have been rehabbed / upgraded within the last 3 years. The approximate cost of the upgrades performed is $888K. In addition, an exterior rehab was performed as well as upgrading the amenities on the property. The exterior rehab included Parking Lot Repair / Re-Pavement, Solar Screens, Gutter Replacement, Landings/Balconies/Stairs/Fencing Repair or Replacement, Gutter Replacement, Solar Screens, Full Exterior Paint, Plumbing Repairs, Exterior Lighting, Boiler Replacement, Numerous AC Replacements, Landscaping Upgrades and New Signage. Amenity Upgrades include Upgrading the Leasing Center and Clubhouse, Pool area improvements, Fitness Equipment, Adding a Pavilion, Dog Park and Playground Equipment. The cost of the exterior and amenity improvements was approximately 1+ million.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2115-0126-000
Land Assessment
$1,216,940
Improvements Assessment
$9,683,060
Total Assessment
$10,900,000
  • Listing ID: 11408393

  • Date on Market: 1/29/2018

  • Last Updated:

  • Address: 420 Garland Dr, Lake Jackson, TX 77566

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