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Villas on 517 5301 FM 517 Rd E 72 Unit Apartment Building For Sale Dickinson, TX 77539
INVESTMENT HIGHLIGHTS
- High Visibility Location
- 90% + Occupancy
- Excellent Drive By Traffic
EXECUTIVE SUMMARY
Townhome Rental Community
93% Occupied
Ability to add value with unit upgrades
Add WD Sets to Units
Add and Cable/WiFi/Internet Package
93% Occupied
Ability to add value with unit upgrades
Add WD Sets to Units
Add and Cable/WiFi/Internet Package
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.60 AC |
| No. Units | 72 | Building Size | 82,000 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1997 |
| Building Class | C | Parking Ratio | 2.49/1,000 SF |
| Sale Type | Investment |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 82,000 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 2.49/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Tub/Shower
- Yard
- Built-In Bookshelves
- Framed Mirrors
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 720 |
| 2+2 | 17 | - | 1,069 |
| 2+2.5 | 47 | - | 1,094 - 1,195 |
| 3+2 | 5 | - | 1,220 |
PROPERTY TAXES
| Parcel Number | 1950-0000-0000-003 | Improvements Assessment | $2,137,260 |
| Land Assessment | $139,740 | Total Assessment | $2,277,000 |
PROPERTY TAXES
Parcel Number
1950-0000-0000-003
Land Assessment
$139,740
Improvements Assessment
$2,137,260
Total Assessment
$2,277,000
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Villas on 517 | 5301 FM 517 Rd E
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