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101 S Allen Genoa Rd
South Houston, TX 77587

Cash-Flowing Multi-Family in South Houston · Multifamily Property For Sale · 100 Units

Investment Highlights

  • The Marisol Apartments is a two-building, 100-unit asset nearly fully occupied with $3.5M invested into recent CapEx since 2020.
  • With low vacancy, property management on-site, and abundant, recent CapEx, the Marisol Apartments present an enticing investment opportunity.
  • Marisol Apartments include 18 studio units with an average size of 368 SF, 37 one-beds (650 SF), and 45 two-beds (780 SF).
  • Nestled within South Houston's Mount Vernon submarket, catering to strong walking, biking, and sound level scores.
  • Features include air conditioning, heating, balconies, walk-in closets, full kitchens, a courtyard, maintenance on-site, a security system and more.

PROPERTY FACTS

No. Units 100
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 1.83 AC
Building Size 52,167 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1999/2021

Unit Amenities

  • Air Conditioning
  • Balcony
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Walk-In Closets
  • Carpet

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Security System
  • Gated
  • Maintenance on site

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0341930000117
Land Assessment
$239,274
Improvements Assessment
$5,594,068
Total Assessment
$5,833,342
  • Listing ID: 29299247

  • Date on Market: 8/17/2023

  • Last Updated:

  • Address: 101 S Allen Genoa Rd, South Houston, TX 77587

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