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9000 Town Park Dr
Houston, TX 77036
Rock Springs · Multifamily Property For Sale · 256 Units

Investment Highlights

  • B- Property in a B are of Houston's New Chinatown- well maintained - Per the Owner the Roofs were Replaced circa 2020
  • Area boasts a large Asian population and is the largest Chinatown in the Unitd States.
  • Located in a Strong Rental Market in one of Houston's most populated areas strong Asian and Hispanic influence
  • Near Major Employment Centers such as the Westchase Business District and is a little over 1/2 a mile to Bellaire Blvd.
  • 2 onsite Laundry Facilities - Contract 2022 Tax Rate expires July of 2024
  • Recent Substantial Revenue Increase!

Property Facts

No. Units 256
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 7.96 AC
Building Size 205,800 SF
Average Occupancy 92%
No. Stories 2
Year Built 1976
Parking Ratio 1.74/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • Clubhouse
  • Laundry Facilities
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 180 $850.00 700 - 825
2+1 32 $950.00 850
2+2 44 $1,175 1,100

Property Taxes

Property Taxes

Parcel Number
1052570000003
Land Assessment
$2,427,166
Improvements Assessment
$13,831,034
Total Assessment
$16,258,200
  • Listing ID: 29038341

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 9000 Town Park Dr, Houston, TX 77036

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