214-692-1100
403 Garner Rd, Pasadena, TX for Sale
Apartments - FOR SALE
1/7
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403 Garner Rd
Pasadena, TX 77502
Downtown Pasadena


OVERVIEW

Colliers is pleased to present Garner Park, a prime value-add multifamily investment opportunity in Pasadena, Texas. Located in the thriving Southeast Houston sub-market, the property benefits from strong occupancy (96.20%), proven rent growth, and exceptional connectivity to major employment hubs. Currently self-managed, Garner Park offers immediate operational upside through professional third-party management to optimize revenue, reduce expenses, and enhance the tenant experience. Additionally, a strategic value-add program—including modern finishes, upgraded flooring, and new appliances—could drive rental premiums of up to $117 per unit. With proximity to Port Houston, major freeways, and top educational institutions, Garner Park is well positioned for continued success in one of Houston’s most in-demand rental markets. This is a rare opportunity to acquire a performing, high-cap rate asset with long-term growth potential.

FOR SALE DETAILS

PRICE

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# OF UNITS

54

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garner Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

77

LAND DETAILS

LAND ACRES

2.53 AC

LAND SF

110,207 SF

ZONING

None

APN/PARCEL ID

0751770000008

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John ParducciColliersMore Info
214-692-1100

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John ParducciColliersMore Info
214-692-1100

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