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- LoopNet Team
460 Hwy 332
Lake Jackson, TX 77566
The Monaco Villas · Multifamily Property For Sale
·
160 Units
INVESTMENT HIGHLIGHTS
- Property is being offered "All Cash" (buyer to acquire new loan)
- Strong Future Rental Demand due to predicted Job Growth in the area of 34.23% over the next 10 years
- Freestanding and Recently Renovated Office/Leasing Center/Clubhouse
- Approximately 2.25 Million in Improvements in the last 3 years
- Positioned off Hwy 332 (Nolan Ryan Expressway) with good drive-by visibility - POSSIBLE FUTURE LAND PLAY!
- Area has Low workforce Apartment density with a growing population
PROPERTY FACTS
| No. Units | 160 | Building Size | 125,264 SF |
| Property Type | Multifamily | Average Occupancy | 82% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2016 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Lot Size | 8.97 AC | ||
| Zoning | C | ||
| No. Units | 160 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.97 AC |
| Building Size | 125,264 SF |
| Average Occupancy | 82% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2016 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Walk-In Closets
- Carpet
- Dining Room
- Patio
SITE AMENITIES
- Business Center
- Clubhouse
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Grill
- Package Service
- Maintenance on site
- Sundeck
ABOUT 460 HWY 332 , LAKE JACKSON, TX 77566
THE OPEN HOUSE ON WEDNESDAY, MARCH 4TH, 2020 HAS BEEN CANCELLED DUE TO WEATHER. POSSIBLE FUTURE LAND PLAY! Unit Features - Large Spacious 1, 2 and 3 Bedroom Floor Plans, Fully Equipped all Electric Kitchens, Tile, Carpet and Faux Wood Flooring, Window Coverings, Ceiling Fans,Resurfaced Counter-tops, White Appliances, Shower/Bathtub Arrangement, Ceramic Tub and Tile surround, Decorative Bathroom Mirrors, Updated Toilets, Cable Ready,Wood Cabinets, Dishwasher, Ice-Maker & Garbage Disposal, Walk-in Closets, Washer and Dryer Hookups in all 2B / 2B and 3B / 2B units, (Interior appointments vary in each design). Community Amenities - Pool, Picnic Areas, Ample Surface Parking, Pavilion, Grilling Area, Clubhouse, Cafe Bar, Playground. It is located within Close Proximity of Major Employers, and to award winning schools. Approximately 91% occupied.
PROPERTY TAXES
| Parcel Number | 0066-0153-000 | Improvements Assessment | $10,215,230 |
| Land Assessment | $2,284,770 | Total Assessment | $12,500,000 |
PROPERTY TAXES
