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6705 Fairway Dr
Houston, TX 77087
Sunset Valley Apartments · Multifamily Property For Sale
·
28 Units
Investment Highlights
- Priced at $2,525,000 @ 9.62% CAP rate
- Great in-place cash flow from day 1.
- Very well located near downtown Houston
- 28 units - fully renovated to 2024 finishes
- Gated community with strong tenant base
Property Facts
| No. Units | 28 | Building Size | 17,460 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1955/2023 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.55 AC | ||
| Zoning | N/Ap, Houston | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 17,460 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2023 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | N/Ap, Houston |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 575 |
| 2+1 | 3 | - | 684 |
Property Taxes
| Parcel Number | 0590880000003 | Improvements Assessment | $1,017,468 |
| Land Assessment | $168,000 | Total Assessment | $1,185,468 |
Property Taxes
Parcel Number
0590880000003
Land Assessment
$168,000
Improvements Assessment
$1,017,468
Total Assessment
$1,185,468
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