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4301 Bissonnet St
Bellaire, TX 77401
3.5 acres 92 Units INSIDE THE LOOP Pont Alba · Multifamily Property For Sale · 92 Units

INVESTMENT HIGHLIGHTS

  • TOP GRADE REDEVELOPMENT OR BUY/HOLD INVESTMENT

PROPERTY FACTS

No. Units 92
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.42 AC
Building Size 80,008 SF
No. Stories 2
Year Built 1964
Parking Ratio 1.48/1,000 SF
Zoning Multi-Family - Zoned Multi-Family since it was constructed in 1964

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Gated
  • Pet Play Area
  • Planned Social Activities
  • Smoke Detector

ABOUT 4301 BISSONNET ST , BELLAIRE, TX 77401

EXTRAORDINARY REDEVELOPMENT POTENTIAL BEING OFFERED AS IS / ZONED MULTI-FAMILY SINCE 1964 UNIQUE 3.5 ACRE (152,664 sq. ft.) SITE 92 UNIT TWO STORY GARDEN APARTMENTS TURN-KEY RENTAL PROPERTY 1) New Roofs On All Building 2) Almost All Units Have Been Recently Refreshed 3) A/C System Completely Overhauled June 2020 DEVELOPER'S DREAM PROPERTY SUPERB BUY/HOLD - COVERED LAND PLAY INVESTMENT 1) Generous Monthly Cash Flow 2) Large Depreciation Allowance to offset income 3) Enormous Appreciation For Increased Density Permitting LAST REMAINING MULTI-UNIT ZONED PARCEL IN BELLAIRE, TX STONES THROW FROM WEST UNIVERSITY PUBLIC TRANSPORTATION STOP DIRECTLY ONSITE CLEAR TITLE RECENT 2020 SURVEY OWNED BY SAME PRINCIPLES SINCE 1976 CONTACT DINO ROMANO / LEXINGTON ASSOCIATES, INC. 781-862-0027 dpromano@gmail.com

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 46 - -
2+2 46 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0911960000001
Land Assessment
$7,394,300
Improvements Assessment
$1,561,143
Total Assessment
$8,955,443
  • Listing ID: 18468082

  • Date on Market: 2/10/2020

  • Last Updated:

  • Address: 4301 Bissonnet St, Bellaire, TX 77401

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