2909 Lavender St - Apartments FOR SALE


Houston, TX 77026
$2,450,000 USD
281-908-6100
2909 Lavender St, Houston, TX for Sale
$2,450,000 USD
Apartments - FOR SALE
1/31
null | 11.71% Cap Rate

2909 Lavender St
Houston, TX 77026


HIGHLIGHTS

  • Near EAST RIVER DEVELOPMENT - HEART OF 5th WARD

OVERVIEW

This is a 34 unit multi family property consisting of 17 individual houses which were converted into duplexes. They sit on 1.8 acres of land in the heart of 5th ward. Lots of land. A great opportunity to value-add. A rare opportunity near the East River Development.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$31 USD /SF

# OF UNITS

34

PRICE/UNIT

$72,059

CAP RATE

11.71%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Eduardo PenaP-95 CapitalMore Info
281-908-6100

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Eduardo PenaP-95 CapitalMore Info
281-908-6100

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