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7507 Long Point Rd 24 Unit Apartment Building $2,500,000 ($104,167/Unit) Houston, TX 77055
Executive Summary
Great location, Spring Branch submarket
- 24-unit multi-family property (12 two-bedroom, 12 one-bedroom)
- Many long-term tenants (several 4+ years)
- Stable income, 92% occupancy
- 24-unit multi-family property (12 two-bedroom, 12 one-bedroom)
- Many long-term tenants (several 4+ years)
- Stable income, 92% occupancy
Property Facts
| Price | $2,500,000 | Property Subtype | Apartment |
| Price Per Unit | $104,167 | Building Class | C |
| Sale Type | Investment | Building Size | 18,246 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2019 |
| Price | $2,500,000 |
| Price Per Unit | $104,167 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 18,246 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2019 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0952400000001 | Improvements Assessment | $1,306,069 |
| Land Assessment | $723,100 | Total Assessment | $2,029,169 |
Property Taxes
Parcel Number
0952400000001
Land Assessment
$723,100
Improvements Assessment
$1,306,069
Total Assessment
$2,029,169
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