8265 Park Ter | Houston, TX 77017
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8265 Park Ter
Houston, TX 77017
PARK TERRACE III · Multifamily Property For Sale
·
46 Units
Investment Highlights
- Value Add Opportunity Post Continued Upgrades and RUBS Implementation
- $450,000 or $9,783/unit in capital improvements were completed in the last 12 mths.
- Located in an area with a large Hispanic and blue collar demographic.
- Minutes away from employment hubs such as the Downtown Houston, the Houston Ship Channel, the Port of Houston, the Bayport Industrial District
- The properties are within walking distance of Loop 610 and a short commute to I-H 45. It is a approx.10 miles to the Houston CBD
Property Facts
| No. Units | 46 | Lot Size | 1.27 AC |
| Property Type | Multifamily | Building Size | 17,904 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1961/2023 |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 17,904 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2023 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Tub/Shower
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 27 | $850.00 | 625 |
| 1+1.5 | 3 | $900.00 | 625 |
| 2+1 | 16 | $1,050 | 890 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,573,720 | |
| Land Assessment | $277,825 | Total Assessment | $2,851,545 |
Property Taxes
Parcel Numbers
Land Assessment
$277,825
Improvements Assessment
$2,573,720
Total Assessment
$2,851,545
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