202 Coryell Ct - Apartments FOR SALE


League City, TX 77573
$3,100,000 USD
972-357-4650
202 Coryell Ct, League City, TX for Sale
$3,100,000 USD
Apartments - FOR SALE
1/7
null | 6.06% Cap Rate

202 Coryell Ct
League City, TX 77573


HIGHLIGHTS

  • 16-Unit Coryell Court Apartments in League City, TX
  • Rare 8 Duplex Buildings On Same Parcel With 16 Covered Parking Spaces Available for all Units
  • Current Ownership Installed New LVP Flooring in 1 Duplex (2 Units), Which Resulted In $150 / Unit Rent Bumps
  • Implementing the Same Finishes Across the Other 7 Duplexes at the Same Installation Cost Would Result in a 7.2% Year 1 Levered Yield on Cost
  • Featuring an Extra Small Fenced-In Area Ideal for dog run or Ready to be Transformed Into 2 Additional Duplexes, Adding 4 Units
  • Close Proximity to Ralph Parr Elementary School and League City Elementary School, Ensuring Convenient Access to Potential Tenants

OVERVIEW

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire Coryell Court Apartments in League City, TX. The subject property has 8 duplex buildings with 16 covered parking spaces available for all units. It is located just outside the League City Historic District.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

16

PRICE/UNIT

$193,750

CAP RATE

6.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coryell Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,500 SF

ZONING

-

APN/PARCEL ID

4150-0003-1001-000

ASK ABOUT THIS PROPERTY

Zachary CurreyTrinity Real Estate Investment Services, LLCMore Info
972-357-4650

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Zachary CurreyTrinity Real Estate Investment Services, LLCMore Info
972-357-4650

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