Mimosa Studio Apartments | 2414 Mimosa Dr
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Mimosa Studio Apartments 2414 Mimosa Dr
7 Unit Apartment Building $1,800,000 ($257,143/Unit) Houston, TX 77019
Investment Highlights
- River Oaks area
- Income generating
- Redevelopment opportunity
Executive Summary
Rare consolidation opportunity in River Oaks: +/- 5,778 lot with income generating 7-unit multi-family building. Located on the same block as 40 curated mid-rise residences under development and million-dollar single family residences. What is your best and highest use for this property? Check out the property and the area! Please do not disturb the tenants. Buyer to obtain new survey and measure floor plans.
Surface areas, distances and other data based on seller-provided and/ or publicly available information. Buyer to independently verify.
Surface areas, distances and other data based on seller-provided and/ or publicly available information. Buyer to independently verify.
Property Facts
| Price | $1,800,000 | Building Class | C |
| Price Per Unit | $257,143 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 5,775 SF |
| Sale Conditions | Redevelopment Project | No. Stories | 2 |
| No. Units | 7 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.21/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,800,000 |
| Price Per Unit | $257,143 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,775 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.21/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 825 |
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 0562460000009 | Improvements Assessment | $217,034 |
| Land Assessment | $548,910 | Total Assessment | $765,944 |
PROPERTY TAXES
Parcel Number
0562460000009
Land Assessment
$548,910
Improvements Assessment
$217,034
Total Assessment
$765,944
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Mimosa Studio Apartments | 2414 Mimosa Dr
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