5716 Pickfair St - Apartments FOR SALE


Houston, TX 77026- Trinity-Houston Gardens
$3,950,000 USD
713-822-1600
5716 Pickfair St, Houston, TX for Sale
$3,950,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

5716 Pickfair St
Houston, TX 77026
Trinity-Houston Gardens


OVERVIEW

Welcome to Ashwood at 610 Condominiums. Comprised of 44 detached condominiums with the same 2-bedroom, 1-bathroom floor plan, this complex presents a lucrative opportunity for investors seeking to expand their portfolios. In addition to the complex’s close proximity to Downtown Houston, many units have undergone extensive remodeling and upgrades, featuring new plumbing and electric, LVP flooring, in-unit washer and dryer hookups and a newly designed kitchen space to maximize functionality and further increase appeal for prospective tenants. Other recent improvements include the addition of designated parking spaces for tenants and their guests, as well as fresh paint jobs on the exterior of select units to enhance curb appeal. The complex sits on more than 2 acres in Houston's up-and-coming Kashmere Gardens neighborhood. Individual condos range from 770-798 sq ft. Ashwood at 610 is an income-producing rental property with short and long-term leases. See attachments for additional information. Please reach out to listing agent with questions and/or to request further documentation (i.e., utility bills, rent roll, list of upgrades, surveys, etc.).

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

44

PRICE/UNIT

$89,773

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ashwood at 610 Condominiums, Units #1-44

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,000 SF

ZONING

-

APN/PARCEL ID

0651290720680,0651290720681

ASK ABOUT THIS PROPERTY

Rebecca VanasHappen HoustonMore Info
713-822-1600

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Rebecca VanasHappen HoustonMore Info
713-822-1600

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