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132 Oyster Creek Dr
Lake Jackson, TX 77566

Pearl at Oyster Creek Apartments · Multifamily Property For Sale · 72 Units

INVESTMENT HIGHLIGHTS

  • Prime, walkable location near employment & conveniences: Walkscore.com rates the location an 83, or "Very Walkable"
  • 100% occupied with a waitlist and renewals being executed at current market rent
  • Exceptionally well-maintained asset with nearly $1M in improvements since 2019
  • Attractive going-in yield based on strong property operations
  • Outstanding in-place effective rents
  • Quiet, low-density Property which caters to family demographic: zoned to 10 out of 10 elementary school per greatschools.com

PROPERTY FACTS

No. Units 72
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.83 AC
Building Size 69,000 SF
Average Occupancy 83%
No. Stories 2
Year Built/Renovated 1970/2020
Parking Ratio 1.81/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Picnic Area
  • Playground
  • Grill
  • Pet Play Area

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 52 $1,213 875
3+2 20 $1,435 1,175

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5850-1702-000
Land Assessment
$1,041,040
Improvements Assessment
$4,493,560
Total Assessment
$5,534,600

ZONING

Zoning Code None
None
  • Listing ID: 26156041

  • Date on Market: 7/13/2022

  • Last Updated:

  • Address: 132 Oyster Creek Dr, Lake Jackson, TX 77566

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