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- LoopNet Team
4301 Bissonnet St Pont Alba
Houston, TX 77005
3.5 acres ZONED MULTIFAMILY Inside The Loop · Land For Sale
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3.50 AC
INVESTMENT HIGHLIGHTS
- TOP GRADE REDEVELOPMENT OR BUY/HOLD INVESTMENT
- Zoned Multi-Family
PROPERTY FACTS
DESCRIPTION
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
PROPERTY TAXES
| Parcel Number | 0911960000001 | Improvements Assessment | $1,561,143 |
| Land Assessment | $7,394,300 | Total Assessment | $8,955,443 |
PROPERTY TAXES
