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Investment Highlights
- Value-Add Opportunity Through Interior & Exterior Upgrades: The property presents a clear opportunity to enhance physical condition and operations
- Strategic Houston Location with Strong Connectivity: Located approximately 1.5 miles from Tomball Parkway
- Operational Upside Potential: Through improved management and a structured renovation plan, a new owner can enhance leasing performance
- Oversized Unit Mix with Strong Tenant Appeal: La Sonrisa features predominantly large two-bedroom floor plans ranging from 1,100–1,200 SF
- Favorable Demographics & Population Growth: The immediate area has experienced approximately 5% population growth over the past five years
- Established Asset with Durable Construction: Constructed with brick and plank exteriors, the property offers a durable structure
Executive Summary
La Sonrisa is a 40-unit multifamily community located at 9021 Antoine Drive in Houston, Texas. Built in 1983, the property consists of ten 2-story residential buildings featuring brick and plank exteriors with pitched roofs. The property features a highly desirable unit mix, including two (2) one-bedroom/one-bath units (600 SF), thirty-four (34) two-bedroom/two-bath units (1,100 SF), and four (4) two-bedroom/two-and-a-half-bath units (1,200 SF). The predominance of larger two-bedroom floor plans, well above typical submarket sizes, positions the asset to attract families and long-term tenants seeking more functional living space.
Property Facts
| Sale Type | Investment | Lot Size | 2.57 AC |
| Sale Condition | REO Sale | Building Size | 43,400 SF |
| No. Units | 40 | Average Occupancy | 10% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1983 |
| Apartment Style | Garden | Parking Ratio | 2.07/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.57 AC |
| Building Size | 43,400 SF |
| Average Occupancy | 10% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.07/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Tub/Shower
- Patio
- Porch
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Public Transportation
- Walk-Up
- Smoke Detector
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1136630000034 | Improvements Assessment | $2,205,500 |
| Land Assessment | $894,616 | Total Assessment | $3,100,116 |
Property Taxes
Parcel Number
1136630000034
Land Assessment
$894,616
Improvements Assessment
$2,205,500
Total Assessment
$3,100,116
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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La Sonrisa | 9021 Antoine Dr
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