832-885-0690
932 7th Ave N, Texas City, TX for Sale
Apartments - FOR SALE
1/8
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932 7th Ave N
Texas City, TX 77590


HIGHLIGHTS

  • Cash-flowing asset with significant value-add potential
  • Ideally situated near major petrochemical employers, enhancing tenant demand.

OVERVIEW

Investment Highlights: Enhance revenue potential by implementing value-add strategies, including aligning rents with market rates. Leverage 10 existing carports by introducing premium reserved parking at $25 monthly, generating an estimated $3,000 annually. Offer in-unit washer and dryer rentals at $50 per set. Implement a $35 monthly utility billback program to increase recurring income. Marketing Description: KW Commercial Texas Gulf is pleased to present 932 7th Ave N, a 14-unit apartment complex in Texas City, Texas. Built in 1970, this property offers a stable, cash-flowing asset with significant value-add potential, particularly through planned unit renovations and enhanced income opportunities. The property is ideally situated near major petrochemical employers, enhancing tenant demand

FOR SALE DETAILS

PRICE

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# OF UNITS

14

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tara Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,249 SF

ZONING

-

APN/PARCEL ID

7030-0248-0001-000

ASK ABOUT THIS PROPERTY

Rebecca HughesKeller Williams Realty, Inc.More Info
832-885-0690

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Rebecca HughesKeller Williams Realty, Inc.More Info
832-885-0690

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