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Broadview Place 7648 Broadview Dr 11 Unit Apartment Building $1,400,000 ($127,273/Unit) 7% Cap Rate Houston, TX 77061



INVESTMENT HIGHLIGHTS
- Flood Zone X
- Easy access to State Highway 35 (Telephone Road), I-45 South, Beltway 8, and I-610.
- Individually Meter for Electricity.
- Fully Occupied Mutli Family building.
- Recently Renovated in 2018.
EXECUTIVE SUMMARY
Discover the ultimate multifamily investment opportunity! Presenting 11 fully occupied units that have been recently remodeled, located in a gated community, each Tenant enjoy assigned covered parking, ample green space with an outside cover patio, playground. Each unit has a different unique layout and each unit offers amenities such as tile and laminate floors, and high efficiency washers and dryers. Units mix are 1 bedroom with 1.5 bathrooms to 3 bedrooms with 2 bathrooms. Located in the heart of Southeast Houston, Texas. This prime property boasts exceptional accessibility, with convenient access from State Highway 35 (Telephone Road), I-45 South, Beltway 8, and I-610. Property is located close to all major shopping centers, Downtown Houston, and HISD schools. What's more, the property is situated in a favorable Flood Zone X, providing added peace of mind. With all the essential elements in place, this turnkey opportunity is too good to miss. Seize the moment and grasp this remarkable investment before it slips away! For further details and to secure this remarkable investment, call us today!
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Wi-Fi
- Yard
- Lawn
- Patio
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fenced Lot
- Picnic Area
- Playground
- Security System
- Gated
- Cabana
- Maintenance on site
- Zen Garden
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $700.00 | - |
| 2+1.5 | 1 | $1,050 | - |
| 2+2 | 7 | $1,275 | - |
| 1+1.5 | 1 | $900.00 | - |
| 3+2 | 1 | $1,350 | - |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 0572590000068 | Improvements Assessment | $600,633 |
| Land Assessment | $153,720 | Total Assessment | $754,353 |
PROPERTY TAXES
Parcel Number
0572590000068
Land Assessment
$153,720
Improvements Assessment
$600,633
Total Assessment
$754,353
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Broadview Place | 7648 Broadview Dr
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