10155 Bammel North Houston Rd - Apartments FOR SALE
Houston, TX 77086 |
10155 Bammel North Houston Rd
Houston, TX 77086
HIGHLIGHTS
- HUD Loan Assumption at 2.49% With Estimated LTV Greater Than 72%
- Great Unit Mix - 84% Are 2 or 3 Bedroom Units - Up To 1,143 SF
- Average Rents of $1,161/Month and Average Unit Size Greater Than 1,000 SF
- Property is Tax Exempt with Ground Lease in Place with CCHA
- New Roofs on Entire Complex Completed in May 2024; Insurance Reduction of ~$140,000 With May 2024 Renewal
- Continuous Investment With Over $1.8MM Invested in CapEx Since 2021
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Park at Fallbrook
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
283796
STORIES
2
YEAR BUILT
2002
PARKING SPACES
549
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
1237140000001
