16957 Rabon Chapel Rd | Montgomery, TX 77316
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16957 Rabon Chapel Rd
Montgomery, TX 77316
Rabon Chapel Apartments · Multifamily Property For Sale · 16 Units
Investment Highlights
- - New ownership, based upon area rent comps, can raise rents up to $158 / unit
- - Built a new laundry facility and storage shed in 2020
- - The subject property has well water (no city water/sewer)
- - Less than 1 hour from downtown Houston
- - HVAC systems are less than 10 years old
- - No galvanized piping, no aluminum wiring, and no Federal Pacific breakers
PROPERTY FACTS
| No. Units | 16 | Building Size | 10,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1979 |
| Building Class | B | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 1.00 AC |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.8/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,013 | 700 |
| 1+1 | 8 | $862.00 | 550 |
PROPERTY TAXES
| Parcel Number | 5860-00-07100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,115,880 |
PROPERTY TAXES
Parcel Number
5860-00-07100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,115,880
zoning
| Zoning Code | Commercial |
| Commercial |
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