5704 Edgemoor Dr - Apartments FOR SALE


Houston, TX 77081
$8,500,000 USD
281-650-9662
5704 Edgemoor Dr, Houston, TX for Sale
$8,500,000 USD
Apartments - FOR SALE
1/11
null | 5.29% Cap Rate

5704 Edgemoor Dr
Houston, TX 77081


OVERVIEW

Excellent location, Southwest Houston, Close to Galleria area ,City of Bellaire and Gulfton submarket. Entrance from Bellaire Blvd and From Edgemoor Dr. Zoned for City of Bellaire School District. Well mature, long term, professional tenants B+. Surrounded by Retail and Commercial businesses. Gated complex with pedestrian gate access. The subject property benefits from its location near numerous major employment centers. The subject property’s neighborhood provides many positive attributes such as an excellent transportation network, commercial support facilities and retail. The long-term outlook for the area is considered positive. The neighborhood is towards upside as it is very close to city of Bellaire.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

76

PRICE/UNIT

$111,842

CAP RATE

5.29%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scottwood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

102

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

NONE

APN/PARCEL ID

0370580220028

ASK ABOUT THIS PROPERTY

Sunny DurraniRealm Real StateMore Info
281-650-9662

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

Sunny DurraniRealm Real StateMore Info
281-650-9662

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