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Executive Summary
Location, location, location. The property presents an outstanding multifamily investment opportunity in the heart of Southwest Houston. This 16-unit apartment community sits on approximately 1.5 acres and features spacious two-bedroom floor plans with strong occupancy, making it an attractive income-producing asset. Ideally located with convenient access to U.S. 59/I-69, Beltway 8, major employment centers, shopping, dining, and healthcare facilities, the property offers excellent connectivity for residents. With its established rental history, desirable location, and value-add potential, this is well-positioned for investors seeking stable cash flow and long-term appreciation in one of Houston's active multifamily markets.
Property Facts
| Price | $1,800,000 | Building Class | B |
| Price Per Unit | $112,500 | Lot Size | 1.50 AC |
| Sale Type | Investment | Building Size | 21,000 SF |
| No. Units | 16 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Garden | Parking Ratio | 0.71/1,000 SF |
| Zoning | None - Commercial | ||
| Price | $1,800,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 21,000 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | None - Commercial |
Amenities
Unit Amenities
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Tub/Shower
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | 1,341 |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1141600010001 | Improvements Assessment | $51,237 |
| Land Assessment | $12,019 | Total Assessment | $63,256 |
Property Taxes
Parcel Number
1141600010001
Land Assessment
$12,019
Improvements Assessment
$51,237
Total Assessment
$63,256
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8807 Bissonnet St
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