1200 Carolyn Ct
Humble, TX 77338
Lake Houston
HIGHLIGHTS
- Significant potential for rent increases to align with market rates.
- Over $260,000 invested in capital improvements, ensuring the property remains well-maintained and attractive to tenants.
- Durable TPO roof installed in 2015, with a history of annual inspections and documented repairs to maintain its condition.
- Energy-efficient LED exterior lighting installed throughout the property, enhancing safety and reducing operational costs.
- Extensive renovations completed on 18 of the 26 units, providing modern and updated interiors for residents.
- Conveniently located near major employers, shopping, dining, and IAH Airport, offering excellent accessibility and tenant appeal.
FOR SALE DETAILS
PRICE
$1,950,000 USD
PRICE/SF
$111 USD /SF
# OF UNITS
26
PRICE/UNIT
$75,000
CAP RATE
Request Cap Rate
% LEASED
96%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
1200 Carolyn Ct
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1965
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.55 AC
LAND SF
23,801 SF
ZONING
-
APN/PARCEL ID
0431500120027,0431500120028
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281-809-4006
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281-809-4006
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