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7200 T C Jester Blvd
Houston, TX 77088

Inwood Village Fourplexes · Multifamily Property For Sale · 40 Units

Investment Highlights

  • Centrally located in northwest Houston. Easy access to I-45, 610, 290, 249, and Beltway 8
  • Gated community with strong onsite management by HOA
  • Strong stable cash flow as is with potential upside to grow income
  • Healthy mix of unit sizes that attract both individual and family renters
  • The seller has remodeled units when tenant moves out (about half) and it leaves room for new owner to keep remodeling and increase rent accordingly.
  • HOA in process of replacing/repairing/painting all building sidings which will give the community a fresh modern look

PROPERTY FACTS

No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.91 AC
Building Size 37,510 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1983/2018

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Fireplace
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Vaulted Ceiling
  • Tub/Shower
  • Walk-In Closets
  • Dining Room
  • Pantry
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 $675.00 -
2+2 10 $925.00 -
3+2 10 $1,050 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0642140030007
Land Assessment
$62,773
Improvements Assessment
$200,413
Total Assessment
$263,186
  • Listing ID: 23798865

  • Date on Market: 7/29/2021

  • Last Updated:

  • Address: 7200 T C Jester Blvd, Houston, TX 77088

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