4706 Yellowstone Blvd - Apartments FOR SALE


Houston, TX 77021- OST-South Union
$2,900,000 USD
936-777-5077
4706 Yellowstone Blvd, Houston, TX for Sale
$2,900,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

4706 Yellowstone Blvd
Houston, TX 77021
OST-South Union


HIGHLIGHTS

  • Located Near NRG Stadium
  • Close Proximity to Medical Center
  • Near University of Houston
  • Gated Parking
  • New Light Fixtures, Plumbing, Electrical and HVAC- All units have Granite and/or Quartz Countertops

OVERVIEW

Currently being remodeled and coming to completion (estimated completion date March 2025, Offered at 2.9 million (unoccupied). Once filled to capacity, price will increase to reflect. New flooring, paint, mainline plumbing, electrical panels, granite/quartz counter tops, cabinets, HVAC, doors, windows, fixtures. Gated community with gated parking on location. Each apartment is uniquely styled. Located in close proximity to NRG, Texas Medical Center, University of Houston. In a transitional area where new construction is taking place. Revitalization is surrounding this location. This apartment complex was a repossession and restoration project. Cap Rate not currently available. Apartments are certified Section 8.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

25

PRICE/UNIT

$116,000

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Yellowstone Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

None

APN/PARCEL ID

0572790130021

ASK ABOUT THIS PROPERTY

Teresa HillColdwell Banker Commercial RealtyMore Info
936-777-5077

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Teresa HillColdwell Banker Commercial RealtyMore Info
936-777-5077

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