2116 Pannell St - Apartments FOR SALE


Houston, TX 77026- Fifth Ward
$8,000,000 USD
832-387-8248
2116 Pannell St, Houston, TX for Sale
$8,000,000 USD
Apartments - FOR SALE
1/3
null | 6% Cap Rate

2116 Pannell St
Houston, TX 77026
Fifth Ward


OVERVIEW

Live the investors dream of owning 40 multi-family properties in Houston! The amazing 2-bedroom 1-bathroom, 720 sq-ft. properties feature parquet flooring and Formica countertops in the kitchen. Situated off I-69 and I-10, commuters enjoy a straight shot to Downtown Houston and the Texas Medical Center. Residents have easy access to dining, shopping, and entertainment in the Fifth Ward, Midtown, EaDo, and Downtown. Multiple schools zoned to Houston ISD are only a short distance away! You don’t want to miss this home – call today!

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

26

PRICE/UNIT

$307,692

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

-

APN/PARCEL ID

0170560000001,0170630000001

ASK ABOUT THIS PROPERTY

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832-387-8248

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Lance LokenTLG CommercialMore Info
832-387-8248

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