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515 FM 517 Rd E
Dickinson, TX 77539
Prime 21-Unit Multifamily in Dickinson, TX! · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- High-Visibility Location
- Strong Demographics
- Upside Opportunity
EXECUTIVE SUMMARY
POF are required for Showings, email at rico@sanmore.com Call or tex Rico (713)885-1292
Ideal investment for seasoned operators and new investors looking to scale their multifamily portfolio. Buyer to verify all information.
Rare opportunity to own a 21-unit apartment complex in the heart of Dickinson, TX. Well-maintained property with an established tenant base and strong rental history. Conveniently located just off FM 517 with quick access to I-45, employment centers, shopping, and dining.
Ideal investment for seasoned operators and new investors looking to scale their multifamily portfolio. Buyer to verify all information.
Rare opportunity to own a 21-unit apartment complex in the heart of Dickinson, TX. Well-maintained property with an established tenant base and strong rental history. Conveniently located just off FM 517 with quick access to I-45, employment centers, shopping, and dining.
PROPERTY FACTS
| Price Per Unit | $109,524 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.96 AC |
| Cap Rate | 4.59% | Building Size | 20,130 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 95% |
| No. Units | 21 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1971/2018 |
| Property Subtype | Apartment | Parking Ratio | 3.6/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | None | ||
| Price Per Unit | $109,524 |
| Sale Type | Investment |
| Cap Rate | 4.59% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.96 AC |
| Building Size | 20,130 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2018 |
| Parking Ratio | 3.6/1,000 SF |
| Zoning | None |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 900 |
| 2+1.5 | 5 | - | 850 |
| 1+1 | 2 | - | - |
| 3+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 6945-0000-0022-000 | Improvements Assessment | $1,746,280 |
| Land Assessment | $312,720 | Total Assessment | $2,059,000 |
PROPERTY TAXES
Parcel Number
6945-0000-0022-000
Land Assessment
$312,720
Improvements Assessment
$1,746,280
Total Assessment
$2,059,000
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