280-Unit Multifamily | Value-Add Upside
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
280-Unit Multifamily | Value-Add Upside
2 Multifamily Properties in Huntsville, TX
Investment Highlights
- Ability to purchase All Cash or assume existing Fannie Mae loan with an attractive below market fixed rate of 4.67% and over 4.5 years of remaining.
- Less than a mile from one other and on either side of SR 75, offering a five-minute drive to Downtown Huntsville and even closer proximity to I-45.
- Cash-flowing portfolio catering to Huntsville expected 6.8% population growth rate of the surrounding 3 miles.
- Significant Value Add Opportunity through interior and exterior renovations resulting in premiums in excess of $100 per unit.
- Excellent proximity to campus allowing a future owner the opportunity to operate with flexibility towards both student and conventional renter base.
- Offering one and two units, which 36% of the 3-mile residents report to demand in the Downtown Huntsville Submarket.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 219,416 SF |
| Number of Properties | 2 | Total Land Area | 12.80 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 219,416 SF |
| Total Land Area | 12.80 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Cornerstone Apartments
2209 Bobby K Marks Dr, Huntsville, TX 77340 |
Multifamily | 80,640 SF | 1983 | - |
|
Woodcreek Apartments
1235 Josey St, Huntsville, TX 77340 |
Multifamily | 138,776 SF | 1983 | - |
1 of 36
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
280-Unit Multifamily | Value-Add Upside
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.