Dynasty | 3501 N Macgregor Way
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Dynasty 3501 N Macgregor Way
96 Unit Apartment Building $6,800,000 ($70,833/Unit) Houston, TX 77004
Investment Highlights
- Conveniently located near Medical Center
- 1 & 2 Bedroom Units
Executive Summary
Prime location apartments on N. Macgregor Way. This property includes 96 doors and is situated on a 2.65 acre corner lot.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$90,666
|
$1.48
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$90,666
|
$1.48
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $90,666 |
| Annual Per SF | $1.48 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $90,666 |
| Annual Per SF | $1.48 |
Property Facts
| Price | $6,800,000 | Lot Size | 2.65 AC |
| Price Per Unit | $70,833 | Building Size | 61,176 SF |
| Sale Type | Investment | Average Occupancy | 81% |
| Sale Conditions | Redevelopment Project | No. Stories | 2 |
| No. Units | 96 | Year Built/Renovated | 1970/2010 |
| Property Type | Multifamily | Tenancy | Single |
| Property Subtype | Apartment | Parking Ratio | 1.63/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $6,800,000 |
| Price Per Unit | $70,833 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.65 AC |
| Building Size | 61,176 SF |
| Average Occupancy | 81% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2010 |
| Tenancy | Single |
| Parking Ratio | 1.63/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Kitchen
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 60 | - | 539 |
| 2+1.5 | 36 | - | 736 |
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 0410310330014 | Total Assessment | $4,970,187 |
| Land Assessment | $2,541,462 | Annual Taxes | $90,666 ($1.48/SF) |
| Improvements Assessment | $2,428,725 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0410310330014
Land Assessment
$2,541,462
Improvements Assessment
$2,428,725
Total Assessment
$4,970,187
Annual Taxes
$90,666 ($1.48/SF)
Tax Year
2023
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Dynasty | 3501 N Macgregor Way
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