2003 Phillips St - Apartments FOR SALE


Prairie View, TX 77446
$789,000 USD
281-883-9887
2003 Phillips St, Prairie View, TX for Sale
$789,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

2003 Phillips St
Prairie View, TX 77446


HIGHLIGHTS

  • Near University
  • Investment opportunity
  • Strong rental potential
  • Value-add opportunity
  • High-demand location

OVERVIEW

Prime 12-Unit Apartment Complex – Investor’s Dream! Seize this incredible investment opportunity in the heart of Prairie View! This 12-unit multifamily complex, featuring all 2-bedroom, 1-bath units, is perfectly situated directly across from Prairie View A&M University, which boasts an enrollment of approximately 10,000 students. With a steady demand for off-campus housing, this property offers strong rental potential and a fantastic return on investment. Priced to sell with new roof and is offered AS-IS, with no repairs—making it a perfect value-add opportunity for savvy investors. Take advantage of the high-demand rental market in this prime location. Don't miss out—this one won’t last long!

FOR SALE DETAILS

PRICE

$789,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

12

PRICE/UNIT

$65,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

-

APN/PARCEL ID

9966

ASK ABOUT THIS PROPERTY

Sharon Booth-SmithTexas Premier RealtyMore Info
281-883-9887

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Sharon Booth-SmithTexas Premier RealtyMore Info
281-883-9887

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