28011 Johnson Rd - Apartments FOR SALE


Tomball, TX 77375
$4,995,000 USD
936-900-6564
28011 Johnson Rd, Tomball, TX for Sale
$4,995,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

28011 Johnson Rd
Tomball, TX 77375


HIGHLIGHTS

  • All electric appliances (refrigerator, stove, microwave, and dishwasher
  • Partial units with wood-style laminate, living room and bathrooms and partial units with ceramic tile; carpet in bedrooms.
  • Washer & dryer hookups in all units.
  • Individual Water Heaters for all units.

OVERVIEW

Dogwood Townhomes – 33-Unit Investment Opportunity in Booming Tomball, TX Introducing Dogwood Townhomes, a well-maintained 33-unit multifamily community located in the high-growth suburb of Tomball, Texas—just northwest of Houston. Originally built in 1977 with expansions completed in 2001, this property offers a blend of stability and upside with a proven track record of strong occupancy and consistent rent growth. The townhomes feature spacious floor plans, in-unit washer/dryer hookups, and a low-density layout that continues to attract quality tenants. Strategically positioned near major thoroughfares like Highway 249 and Grand Parkway (SH 99), the property benefits from excellent accessibility and proximity to both local employers and Houston’s economic corridors. Tomball has experienced a population boom of over 20% in the past decade, driven by commercial development and residential demand. Since 2020 alone, the area has added 400+ acres of commercial space and over 2,000 new homes, reflecting a city in transformation. With its strong fundamentals, desirable unit mix, and location in a flourishing submarket, Dogwood Townhomes offers a secure, income-generating asset with significant potential for future appreciation

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

33

PRICE/UNIT

$151,364

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dogwood Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

25

LAND DETAILS

LAND ACRES

3.8 AC

LAND SF

165,528 SF

ZONING

-

APN/PARCEL ID

1048040000003

ASK ABOUT THIS PROPERTY

936-900-6564

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936-900-6564

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