2306-2320 McCue Rd - Residential LAND FOR SALE


Houston, TX 77056 118,919 SF
$28,000,000 USD
646-928-5434
2306-2320 McCue Rd, Houston, TX for Sale
$28,000,000 USD
Residential LAND - FOR SALE
1/2
118,919 SF

2306-2320 McCue Rd
Houston, TX 77056


HIGHLIGHTS

  • Phenomenally maintained communities.
  • Full-time landscaper, full-time housekeepers, seasonal decorations, hastening replacements and more.
  • The area has some of the most prestigious luxe condos apartments and office hi-rise buildings in the Houston Area – All within a 5-mile radius.
  • Located about 19 minutes from Downtown Houston and 25 minutes from William P. Hobby Airport.
  • Located around the block from Post Oak Boulevard, the target of a city beautification project

OVERVIEW

Kassin Sabbagh Realty NY (“KSR”) has been appointed as the exclusive brokerage for 2306 McCue Road and 2320 McCue Road, two continuous sites. The sites are situated in a luxurious neighborhood, home to the seventh largest shopping center in America, The Galleria. It is also located a few minutes away from River Oaks, a district with designer boutiques, high-end shops, and lots of fine dining. There are countless hi-rises in the area, many of which being newly constructed, and it is only a matter of time before 2306-2320 McCue Road houses its own large development. 2306 McCue Road, otherwise known as Marquee Uptown, is currently operational as a 58-unit multifamily. 2320 McCue Road, otherwise known as Carriage Square apartments, is currently operational as a 40-unit multifamily. In total, they are comprised of 98 units, all situated on 2.73 acres of land, on two contiguous tax lots. Both properties are currently being looked at as covered land plays and are being sold on that basis. Located in the heart of the Galleria/ Uptown trade area with 187,000+ population with high average household incomes of over $94,000 within a 5-mile radius. Ownership has phenomenally maintained both communities, as told by the high expense ratio. This includes a full-time landscaper, full-time housekeepers, seasonal decorations, hastening replacements and more.

FOR SALE DETAILS

PRICE

$28,000,000 USD

PRICE/ACRE

$10,256,393/AC

PRICE/SF

$235 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Covered Land Play

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

2.73 AC

LAND SF

118,919 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Residential

APN/PARCEL ID

0451400060143,0451400060146

ASK ABOUT THIS PROPERTY

Dan ShapiroKassin Sabbagh RealtyMore Info
646-928-5434

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Dan ShapiroKassin Sabbagh RealtyMore Info
646-928-5434

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