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704 E Waring St
Dayton, TX 77535
Brookhollow Apartments | High Occupancy MF · Multifamily Property For Sale · 128 Units

INVESTMENT HIGHLIGHTS

  • Historically high occupancy and below-market rents create a secure investment with immediate cash flow and upside potential for a new owner.
  • The property has the option of assuming a $5,060,000 full term interest only Fannie Mae loan maturing November 30, 2030 at 3.25%.
  • Within a 5-mile radius, the area’s affluent demographic showcases 23,500 residents earning an average household income of $89,000.
  • Positioned near Highways 90, 321, and 1960, the location provides exceptional commuter access to Houston and George Bush Intercontinental Airport.
  • Dayton is a quaint Texas town with a host of community events, great public schools, popular restaurants, and local shops.
  • Over 50% of households are one- and two-person occupied, signifying strong demand for small units in the immediate area.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 128
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.80 AC
Building Size 108,096 SF
No. Stories 2
Year Built/Renovated 1983/2006
Parking Ratio 1.98/1,000 SF
Parcel Number 003700-000370-015

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Satellite TV
  • Carpet
  • Linen Closet
  • Pantry
  • Patio
  • Smoke Free
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Property Manager on Site
  • Spa
  • Basketball Court
  • Grill
  • Planned Social Activities
  • Volleyball Court
  • Listing ID: 32922548

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 704 E Waring St, Dayton, TX 77535

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