1920 Richmond Ave - Apartments FOR SALE


Houston, TX 77098- Montrose
$2,700,000 USD
713-504-6936
1920 Richmond Ave, Houston, TX for Sale
$2,700,000 USD
Apartments - FOR SALE
1/2
null | 6.8% Cap Rate

1920 Richmond Ave
Houston, TX 77098
Montrose


OVERVIEW

Located in the bustling neighborhood of Montrose, this stately apartment building, with its cool Art Deco inspired vibe, is one of the last remaining structures of its kind in the area. The Residents here enjoy easy access to shops, restaurants, art galleries, the Museum District and the Texas Medical Center. The nearly half acre corner lot leaves abundant space for both green space and parking and also includes an on-site laundry facility and a handy-man's shed. Impeccably maintained and updated over the years this building can continue to house tenants for the foreseeable future or will be a fantastic location for a new endeavor!

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

17

PRICE/UNIT

$158,824

CAP RATE

6.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,896 SF

ZONING

-

APN/PARCEL ID

0382260000006

ASK ABOUT THIS PROPERTY

Jay MonroeMartha Turner Sotheby's International RealtyMore Info
713-504-6936

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jay MonroeMartha Turner Sotheby's International RealtyMore Info
713-504-6936

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.