This Multifamily Property is no longer advertised on LoopNet.com.

7201 Hallshire Dr
Houston, TX 77016
Multifamily Property For Sale · 14 Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.59 AC
Building Size 11,560 SF
Average Occupancy 86%
No. Stories 2
Year Built/Renovated 1964/2017
Parking Ratio 2.86/1,000 SF
Zoning COMMERCIAL - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Security System
  • Tenant Controlled HVAC
  • Gated
  • Recycling
  • Walk-Up
  • Smoke Detector

About 7201 HALLSHIRE DR , HOUSTON, TX 77016

Currently all occupied units are month to month with a rent rate between $775-$875. The rent rate is on an average $100 less than neighboring apartments. Aero Apartments are completely gated and fenced. Camera system is installed for surveillance. There are a total of 14 units. There is a total of 28 parking spaces 2 for each unit. 4 units are 3 bedrooms / I bath, rent is $875 9 units are 2 bedrooms / 1 bath, rent is $775 1 unit is a 1 bedroom / I bath, rent is $675 Land lord currently Pays water for the whole complex. Tenants are responsible for electricity. 12 out of 14 A/C units have been replace within the last to years. Roof per seller is about 7 years old. 7 units were flooded during Harvey with six inches of water. None of the A/C units were affected. They were replaced due to age.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 9 $875.00 -
3+1 4 $775.00 -
1+1 1 $675.00 -

Property Taxes

Property Taxes

Parcel Number
0942980000001
Land Assessment
$63,435
Improvements Assessment
$818,852
Total Assessment
$882,287
  • Listing ID: 16184556

  • Date on Market: 5/29/2019

  • Last Updated:

  • Address: 7201 Hallshire Dr, Houston, TX 77016

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