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3833 Mustang Rd
Alvin, TX 77511
Willow Creek · Multifamily Property For Sale · 128 Units
PROPERTY FACTS
No. Units | 128 | Building Size | 103,328 SF |
Property Type | Multifamily | Average Occupancy | 68% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built/Renovated | 1979/2020 |
Building Class | C | Parking Ratio | 1.59/1,000 SF |
Lot Size | 5.93 AC |
No. Units | 128 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 5.93 AC |
Building Size | 103,328 SF |
Average Occupancy | 68% |
No. Stories | 2 |
Year Built/Renovated | 1979/2020 |
Parking Ratio | 1.59/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Washer/Dryer Hookup
- Ceiling Fans
- Refrigerator
- Walk-In Closets
- Carpet
- Patio
Site Amenities
- Clubhouse
- Laundry Facilities
- Playground
- Tennis Court
About 3833 Mustang Rd , Alvin, TX 77511
Willow Creek Manor is a two story, 128 unit, garden-style, apartment community, located in Alvin, TX, in Brazoria County just south of Houston. The asset appears to be in very good condition with 5 year old roofs and boilers installed in 2006, along with full exterior paint of the stucco, siding and Hardie exterior. Residents enjoy spacious 1, 2 and 3 bedroom floor-plans. The area is growing with new retail, dining and employment coming up everywhere. Willow Creek Manor offers an investor the opportunity to add value through property management and oversight. Per owner, the exterior has been painted and he has upgraded the interiors with updates that include vinyl plank flooring, new cabinet pulls and backsplashes. An $80,000 office remodel has been completed and 35 year dimensional shingle roofs were installed 5 years ago. The Broker feels that additional interior upgrades could further enhance the collections! Management reports that replacement of cabinet boxes and cabinet fronts has been done for only 4 units, but these result in a $110 rent increase! Several of the tenants living at Willow Creek Manor are baseball players at the local junior college just down the street.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 32 | - | 588 |
2+1 | 28 | - | 850 |
2+2 | 60 | - | 850 - 916 |
3+2 | 8 | - | 1,016 |
Links
PROPERTY TAXES
Parcel Number | 8238-0001-000 | Improvements Assessment | $9,134,700 |
Land Assessment | $335,800 | Total Assessment | $9,470,500 |
PROPERTY TAXES
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Listing ID: 12569008
Date on Market: 5/15/2018
Last Updated:
Address: 3833 Mustang Rd, Alvin, TX 77511
The Multifamily Property at 3833 Mustang Rd, Alvin, TX 77511 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.