Tejano Apartments | 2205 Galveston Rd
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Tejano Apartments 2205 Galveston Rd
57 Unit Apartment Building $4,499,995 ($78,947/Unit) Houston, TX 77012
Executive Summary
I am pleased to present 2205 Galveston Rd. This 57-unit Garden complex is just about turnkey ready for the next property owner to immediately start cash flowing. The property has 4 more units to finish renovations completely. This Apartment complex also has the potential to add an additional 10 more units to maximize and add more value to the property. The property consisted of (22 STUDIO), (24 1Br/1Ba) and (11 2Br/1Ba) Occupancy currently is over 85%. The majority of the tenants have been residents for many years now. The turnover rate is very low. Property has close proximity to everything Houston has to offer. Please call me for additional information.
Property Facts
| Price | $4,499,995 | Building Class | C |
| Price Per Unit | $78,947 | Lot Size | 1.54 AC |
| Sale Type | Investment | Building Size | 42,950 SF |
| No. Units | 57 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1958/2022 |
| Property Subtype | Apartment | Parking Ratio | 0.29/1,000 SF |
| Apartment Style | Garden |
| Price | $4,499,995 |
| Price Per Unit | $78,947 |
| Sale Type | Investment |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 42,950 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2022 |
| Parking Ratio | 0.29/1,000 SF |
Unit Amenities
- Air Conditioning
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | 303 - 304 |
| 1+1 | 24 | - | 346 - 347 |
| 2+1 | 11 | - | 405 - 406 |
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PROPERTY TAXES
| Parcel Number | 0570900030001 | Improvements Assessment | $1,985,233 |
| Land Assessment | $335,325 | Total Assessment | $2,320,558 |
PROPERTY TAXES
Parcel Number
0570900030001
Land Assessment
$335,325
Improvements Assessment
$1,985,233
Total Assessment
$2,320,558
zoning
| Zoning Code | N/Ap, Houston |
| N/Ap, Houston |
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Johnathan Canizalez -
Alexander Gwynn -
Gold Quest Realty
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Tejano Apartments | 2205 Galveston Rd
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