2205 Galveston Rd - Apartments FOR SALE


Houston, TX 77012
$4,499,995 USD
713-470-8478
2205 Galveston Rd, Houston, TX for Sale
$4,499,995 USD
Apartments - FOR SALE
1/48
null | Request Cap Rate

2205 Galveston Rd
Houston, TX 77012


OVERVIEW

I am pleased to present 2205 Galveston Rd. This 57-unit Garden complex is just about turnkey ready for the next property owner to immediately start cash flowing. The property has 4 more units to finish renovations completely. This Apartment complex also has the potential to add an additional 10 more units to maximize and add more value to the property. The property consisted of (22 STUDIO), (24 1Br/1Ba) and (11 2Br/1Ba) Occupancy currently is over 85%. The majority of the tenants have been residents for many years now. The turnover rate is very low. Property has close proximity to everything Houston has to offer. Please call me for additional information.

FOR SALE DETAILS

PRICE

$4,499,995 USD

PRICE/SF

$105 USD /SF

# OF UNITS

57

PRICE/UNIT

$78,947

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tejano Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

N/Ap, Houston

APN/PARCEL ID

0570900030001

ASK ABOUT THIS PROPERTY

Johnathan CanizalezGold Quest RealtyMore Info
713-470-8478

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Johnathan CanizalezGold Quest RealtyMore Info
713-470-8478

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