3121 Brewster St - Apartments FOR SALE


Houston, TX 77026- Kashmere Gardens
$1,300,000 USD
626-826-5906
3121 Brewster St, Houston, TX for Sale
$1,300,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

3121 Brewster St
Houston, TX 77026
Kashmere Gardens


HIGHLIGHTS

  • 3121 Brewster Street offers a lucrative multifamily redevelopment or rehabilitation project in Houston’s Northside.
  • Existing improvements to the site include 16,950 SF of garden-style buildings with 24 total units.
  • The site offers 57,128 SF of land within the Eagle subdivision, offering ample space for multiple units or a transformative residential development.
  • Houston’s rising housing market positions a new owner to deliver high-demand housing to the area.

OVERVIEW

3121 Brewster Street in Houston’s Northside provides a standout investment property with endless potential. This prime location offers an array of possibilities, from townhome development to a lucrative rehab project, making it a must-see for savvy investors and developers alike. Located in the thriving Northside market area, this property is surrounded by a growing residential community, contributing to its appeal as a development hotspot. Located in the Eagle subdivision, the site features a sprawling 57,128 square feet of land (per appraisal district), offering ample space for multiple units or a transformative residential development. The property currently includes 24 units that are ready for a complete rehab, offering a blank canvas for redevelopment. With Houston’s housing market on the rise, this fixer-upper opportunity provides a rare chance to deliver high-demand, newly renovated housing to the area. The flexibility to create contemporary, energy-efficient homes will attract buyers and tenants looking for quality and convenience.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

24

PRICE/UNIT

$54,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

24 Units – Rehab-Ready Townhome Site

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,129 SF

ZONING

None

APN/PARCEL ID

0121710000001

ASK ABOUT THIS PROPERTY

Loren MinerEastwood CommercialMore Info
626-826-5906

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

Loren MinerEastwood CommercialMore Info
626-826-5906

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