$5,300,000 USD
346-550-9124
8700 Gulf Fwy
Houston, TX 77017
Greater Hobby Area
HIGHLIGHTS
- Strategically positioned with direct access to Gulf Freeway (I-45) while offering seamless connectivity to key destinations
- Residents and guests enjoy high-speed internet and public access WiFi, ensuring seamless connectivity for work, entertainment, and everyday needs.
- Enhance tenant appeal with a well-maintained community pool, providing a relaxing retreat and added value to the property’s amenities.
- Located in a thriving rental area with strong demand, this property offers excellent potential for high occupancy rates and consistent cash flow
FOR SALE DETAILS
PRICE
$5,300,000 USD
PRICE/SF
$119 USD /SF
# OF ROOMS
80
PRICE/ROOM
$66,250 {currency}
CAP RATE
11.39%
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Residencias Hobby
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1960
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,625 SF
ZONING
F1
APN/PARCEL ID
0642150000027
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346-550-9124
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346-550-9124
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