2041 San Sebastian Ct - Apartments FOR SALE


Houston, TX 77058
$18,250,000 USD
210-848-3312
2041 San Sebastian Ct, Houston, TX for Sale
$18,250,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2041 San Sebastian Ct
Houston, TX 77058


HIGHLIGHTS

  • 9Ft Ceilings, All Utilities Included, All-electric Kitchen, Balcony or Patio, Breakfast Bar
  • Cable Ready, Carpeted Floors, Ceiling Fans, Central Air and Heating, Dishwasher
  • Extra Storage, Furnished Available, Hardwood Floors, Mini Blinds, Pantry
  • Refrigerator, Tile Floors, Vaulted Ceilings, Vertical Blinds, Views Available
  • Walk-in Closets, Washer and Dryer Connections*, Washer and Dryer in Home*

OVERVIEW

The Nassau Bay area, home to Bay House Apartments, is a thriving submarket within Houston with strong demand for both residential and commercial properties. Its proximity to Clear Lake and NASA's Johnson Space Center makes it a desirable location for professionals, families, and investors alike. Key Features of the Nassau Bay Real Estate Market: High Demand: The area experiences consistent interest from renters and buyers due to its location near major employment hubs, such as the aerospace sector anchored by the Johnson Space Center. Strong Rental Market: Properties in Nassau Bay command competitive rental rates, with multi-family units like Bay House Apartments benefiting from steady occupancy levels and a robust tenant pool. Diverse Demographics: The population includes professionals, retirees, and families seeking proximity to quality schools, recreational amenities, and Houston’s cultural and economic offerings. Stable Property Values: The area's strong employment base, amenities, and waterfront attractions help stabilize property values, providing a reliable return on investment for landlords and investors. Amenities Driving Growth: Nassau Bay’s reputation for recreational opportunities, including Clear Lake’s boating and fishing activities, as well as its retail and dining options, enhances its attractiveness to both residents and prospective buyers.

FOR SALE DETAILS

PRICE

$18,250,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

188

PRICE/UNIT

$97,074

CAP RATE

Request Cap Rate

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bay House

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

323

LAND DETAILS

LAND ACRES

5.35 AC

LAND SF

233,216 SF

ZONING

-

APN/PARCEL ID

0402110010016

ASK ABOUT THIS PROPERTY

Kyle HeffronCorpMore Info
210-848-3312

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Kyle HeffronCorpMore Info
210-848-3312

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