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1010 Magnolia Dr
Freeport, TX 77541
Remington Apartments · Multifamily Property For Sale · 146 Units
PROPERTY FACTS
| No. Units | 146 | Building Size | 145,320 SF |
| Property Type | Multifamily | Average Occupancy | 76% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 6.17 AC |
| No. Units | 146 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.17 AC |
| Building Size | 145,320 SF |
| Average Occupancy | 76% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.66/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Tile Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Breakfast/Coffee Concierge
About 1010 Magnolia Dr , Freeport, TX 77541
The Remington Apartments is a 146-unit apartment development on the outskirts of Houston’s MSA, in the coastal town of Freeport, Texas, ideally located with easy access to nearby shopping, restaurants and parks. The property features a community clubhouse, pool and fitness center. The Remington offers One, Two and Three-Bed units, which is a unique offering. The current occupancy offers room for improvement for the next owner to test improved units to increase occupancy and/or rents. Ownership has spent considerable time and effort almost exclusively focusing on various amenities, building exterior and site upgrades while renovating a small portion of the interior of units. Over the last 3-4 years, ownership has invested considerable capital upwards of $700,000 into the office and buildings, addressing many longer-term capital needs of each community while also paving the way for a continuation of interior improvements to improve resident living and promote increased demand.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 68 | - | 672 |
| 2+1 | 24 | - | 846 |
| 2+2 | 44 | - | 922 |
| 3+2 | 10 | - | 1,344 |
PROPERTY TAXES
| Parcel Number | 4647-0001-000 | Improvements Assessment | $7,947,180 |
| Land Assessment | $699,240 | Total Assessment | $8,646,420 |
PROPERTY TAXES
zoning
| Zoning Code | B1 |
| B1 |
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