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White Oak Apartments 24341 Ford Rd

136 Unit Apartment Building For Sale Porter, TX 77365

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Investment Highlights

Excellent Frontage on Ford Rd

Easy Access Loop 494, I-69 (Hwy 59) & FM 1314

Executive Summary

Great investment opportunity. This low-income apartment complex has a 95% occupancy. The complex was built in 3 phases from 1984 to 2000 with a total of 136 units. The Complex offers a mix of 1 & 2 bedroom options ranging from 624 SF to 886 SF, 3 on-site laundry facilities and a recreation center for residents. The units are metered separately with utilities provided by Porter MUD & Porter SUD. Located in highly desirable New Caney ISD. Property is conveniently located near major throughfares and amenities. Property is being sold “As Is Where Is”. Appointment Required. Call for more information.

7.24+Ac 24341 Ford Rd, Porter-Apt Flyer-CFP

Property Facts

Sale Type	Investment	Lot Size	7.24 AC
No. Units	136	Building Size	131,680 SF
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment	Year Built	1984
Apartment Style	Garden	Parking Ratio	1.33/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
No. Units	136
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	7.24 AC
Building Size	131,680 SF
No. Stories	2
Year Built	1984
Parking Ratio	1.33/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Air Conditioning
Cable Ready

Heating
Kitchen

Carpet

Vinyl Flooring

Site Amenities

Laundry Facilities

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	48	-	624 - 677
2+1	88	-	805 - 886

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aerial
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24341 Ford Rd, Porter, TX - aerial map view - Image1

24341 Ford Rd, Porter, TX - aerial map view - Image2

24341 Ford Rd, Porter, TX - aerial map view - Image3

24341 Ford Rd, Porter, TX - aerial map view - Image4

PROPERTY TAXES

Parcel Numbers	Multiple 9509-00-08600 9509-00-08500 9509-00-08610 9509-00-08404 9509-00-08510	Improvements Assessment	$774,700
Land Assessment	$1,262,300	Total Assessment	$2,037,000