Houston Heights Apartments 1009 Enid St 10 Unit Apartment Building $1,300,000 ($130,000/Unit) Houston, TX 77009
INVESTMENT HIGHLIGHTS
- 1009 Enid Street presents the Houston Heights Apartments, a fully gated 10-unit apartment complex.
- There is a washer and dryer in each unit, and plentiful parking inside the gates.
- In a prime Houston location in the Greater Heights neighborhood, one of Houston's trendiest areas.
- The Houston Heights Apartments are 100% occupied, presenting a stabilized investment opportunity.
EXECUTIVE SUMMARY
Nan & Co Properties is pleased to present this incredible income-producing opportunity, the only multi-dwelling complex on a beautiful tree-lined street in the Greater Heights neighborhood of Houston, TX.
There are 10 total units: 1011 Enid, a fourplex consisting of one-bedroom/one-bath units, 816 square feet each; 1009 Enid, another fourplex consisting of one-bedroom/one-bath units, 589 square feet each; and 1009 1/2 Enid, a duplex and studio, each 475 square feet. The property is 100% occupied and beautifully renovated in 2016, bringing all plumbing and electrical up to code.
Each unit has a refrigerator, dishwasher, electric stove/oven, microwave, and washer and dryer. The kitchen features white quartz countertops with a breakfast bar, a large pantry, and modern light fixtures. For resident safety, the complex is fully gated and all tenants have one parking spot in behind the gates.
Located close to Downtown, the University of Houston, restaurants, shopping, bike trails, and more, Houston Heights Apartments offers the perfect blend of convenience and long-term investment potential.
There are 10 total units: 1011 Enid, a fourplex consisting of one-bedroom/one-bath units, 816 square feet each; 1009 Enid, another fourplex consisting of one-bedroom/one-bath units, 589 square feet each; and 1009 1/2 Enid, a duplex and studio, each 475 square feet. The property is 100% occupied and beautifully renovated in 2016, bringing all plumbing and electrical up to code.
Each unit has a refrigerator, dishwasher, electric stove/oven, microwave, and washer and dryer. The kitchen features white quartz countertops with a breakfast bar, a large pantry, and modern light fixtures. For resident safety, the complex is fully gated and all tenants have one parking spot in behind the gates.
Located close to Downtown, the University of Houston, restaurants, shopping, bike trails, and more, Houston Heights Apartments offers the perfect blend of convenience and long-term investment potential.
PROPERTY FACTS
| Price | $1,300,000 |
| Price Per Unit | $130,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 6,570 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 1.52/1,000 SF |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Double Pane Windows
- Freezer
- Pantry
- Vinyl Flooring
- Window Coverings
- Quartz Countertops
SITE AMENITIES
- Courtyard
- Fenced Lot
- Gated
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $1,000 | 475 |
| 1+1 | 8 | $1,400 | 650 - 816 |
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PROPERTY TAXES
| Parcel Number | 0331310910011 | Improvements Assessment | $1,038,122 |
| Land Assessment | $500,000 | Total Assessment | $1,538,122 |
