2414 Mimosa Dr - Apartments FOR SALE


Houston, TX 77019- Montrose
$1,800,000 USD
713-714-5800
2414 Mimosa Dr, Houston, TX for Sale
$1,800,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

2414 Mimosa Dr
Houston, TX 77019
Montrose


HIGHLIGHTS

  • River Oaks area
  • Redevelopment opportunity
  • Income generating

OVERVIEW

Rare consolidation opportunity in River Oaks: +/- 5,778 lot with income generating 7-unit multi-family building. Located on the same block as 40 curated mid-rise residences under development and million-dollar single family residences. What is your best and highest use for this property? Check out the property and the area! Please do not disturb the tenants. Buyer to obtain new survey and measure floor plans. Surface areas, distances and other data based on seller-provided and/ or publicly available information. Buyer to independently verify.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

7

PRICE/UNIT

$257,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mimosa Studio Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

0562460000009

ASK ABOUT THIS PROPERTY

Michael ChangConveyance Real Estate LLCMore Info
713-714-5800

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Michael ChangConveyance Real Estate LLCMore Info
713-714-5800

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