7402 Alabonson Rd
Houston, TX 77088
Innwood Pines · Multifamily Property For Sale · 70 Units

One owner has 34 of the 70 units or just under 50% of the condos in the complex, for resale to an investor. Many are leased - ask broker for a rent role. HCAD Tax value is about $1.8mm. Currently, resale units are listed in the property for $90 and 100 psf on an individual basis - please independently heck HAR.com for current "for sale" and "sold" listings. This investor owns just under 27,000 sf of space out of the total. Perfect opportunity for someone to purchase, rehab the units as they become vacant and make a some money. Only sold as a total package of 34 as listed. 6 of the total units owned by this investor (in a building of 8 units) burned in a building fire a couple of years back now just a slab - HOA has some plans about rebuilding these units in the future - ask Broker. Unoccupied units can be shown by making an acceptable offer - no showings of units before an acceptable offer - but buyers can tour the outside of the property at any time. All units opened for inspection with acceptable signed by the Seller Contract - for inspection purposes with at least a 48 hour notice. This is an "as is" and in present condition sale. The Seller will make no improvements. These are individual condo units all requiring an individual condo resale certificate - to be paid for by the Buyer.