Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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

Price $1,400,000
Price Per Unit $127,273
Sale Type Investment
Cap Rate 7%
Gross Rent Multiplier 9.08
No. Units 11
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.78 AC
Building Size 18,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1982/2018
Parking Ratio 0.94/1,000 SF

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 -
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0572590000068
Land Assessment
$153,720
Improvements Assessment
$600,633
Total Assessment
$754,353
  • Listing ID: 37277893

  • Date on Market: 8/14/2025

  • Last Updated:

  • Address: 7648 Broadview Dr, Houston, TX 77061

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}