9430 Concourse Dr | Houston, TX 77036
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9430 Concourse Dr
Houston, TX 77036
Sanctuary at 9430 · Multifamily Property For Sale
·
293 Units
INVESTMENT HIGHLIGHTS
- Within walking distance of Houston's New Chinatown ever expanding borders
- Located in a Strong Rental Market in one of Houston's most populated areas with a strong Asian and Hispanic influence
- Good Value Add Component with a moderate to heavy rehab (There is a LURA in place on 103 of the units)
- Westwood Fountains is within walking distance of the Sam Houston Tollway/Beltway 8, the 2nd Loop around the city of Houston
- Property states it has a waiting list for potential tenants
- The property has several of the popular townhome floorplans
PROPERTY FACTS
| No. Units | 293 | Building Size | 208,709 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 9.18 AC | ||
| Zoning | N/Ap, Houston | ||
| No. Units | 293 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.18 AC |
| Building Size | 208,709 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | N/Ap, Houston |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Refrigerator
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Tennis Court
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 154 | $720.00 | 670 - 807 |
| 1+1.5 | 111 | $808.00 | 711 - 907 |
| 2+2 | 8 | $880.00 | 984 |
| 2+2.5 | 20 | $953.00 | 1,176 |
PROPERTY TAXES
| Parcel Number | 1080570000001 | Improvements Assessment | $10,928,356 |
| Land Assessment | $3,195,560 | Total Assessment | $14,123,916 |
PROPERTY TAXES
Parcel Number
1080570000001
Land Assessment
$3,195,560
Improvements Assessment
$10,928,356
Total Assessment
$14,123,916
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