101 S Allen Genoa Rd | South Houston, TX 77587
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- LoopNet Team
101 S Allen Genoa Rd
South Houston, TX 77587
Cash-Flowing Multifamily in South Houston · Multifamily Property For Sale · 100 Units
Investment Highlights
- The Marisol Apartments complex is a two-building, 100-unit asset nearly fully occupied with $3.5 million invested into recent CapEx since 2021.
- With low vacancy, on-site property management, and abundant recent CapEx, the Marisol Apartments complex presents an enticing investment opportunity.
- Mix of 18 studio units with an average size of 368 square feet, 37 one-bedroom units at 650 square feet and 45 two-bedroom units at 780 square feet.
- Nestled within the Mount Vernon submarket of South Houston, the suburb boasts strong walking, biking, and sound level scores.
- Features include A/C and heating, balconies, walk-in closets, full kitchens, a courtyard, a security system and more.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Lot Size | 1.83 AC |
| No. Units | 100 | Building Size | 52,167 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1971/2022 |
| Building Class | B |
| Sale Conditions | Auction Sale |
| 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 | 1971/2022 |
Amenities
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
| Parcel Number | 0341930000117 | Improvements Assessment | $5,594,068 |
| Land Assessment | $239,274 | Total Assessment | $5,833,342 |
PROPERTY TAXES
Parcel Number
0341930000117
Land Assessment
$239,274
Improvements Assessment
$5,594,068
Total Assessment
$5,833,342
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