5107 Del Monte Dr
Houston, TX 77056
MULTI-UNIT OPPORTUNITY in GALLERIA AREA · Multifamily Property For Sale · 21 Units

VALUE ADD MULTI-UNIT OPPORTUNITY OR COVERED LAND PLAY!!! LOCATION! LOCATION! LOCATION! HOUSTON GALLERIA AREAS!!! San Felipe & Sage Rd near Post Oak in the Galleria/Tanglewilde Area.  Kevin Riles Commercial (KRC) is excited to offer 15 Condo Apartment Units (with possibility of all 21 Condo apartments units) at 5107 Del Monte. The development consist of 21 Condo units located on a 23,900 SQ FT of land. KRC represents the owner of Fifteen (15) units out of the 21 Total Units. However, the other 6 owners are open to selling their units as well. Of the 15 condo apartments offered for sale, 12 are 2 bedroom and 3 are 1 bedrooms. All are currently vacant and in need of updating/renovation. Average Rents in the area are $1600-$1950/mth. The List Price includes the 15 condo units NOT the 6 owned by other owners. Average Land Pricing in the area is $200+ per sq.ft. The units this seller is offering are:5107 Del Monte consists of three separate buildings: Building A for Units 1, 2, 3, 4 and 5 Building B for Units 6, 7, 8, 9, 10, 11 and 12 Building C for Units 13, 14, 15, 16, 17, 18, 19, 20 and 21 The 15-Units for sale are located as follows: All Units in Building C, Units 1, 4 and 5 in Building A,and Units 8, 9 and 10 in Building B. This property is surrounded by BLVD Place Retail Shops, The Ambassador Hotel, St. Michael the Archangel Catholic Church and of course the Houston Galleria Mall! GREAT LOCATION FOR RIGHT NOW DEVELOPMENT!!!