902 Oak Street Property | 902 Oak St
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902 Oak Street Property 902 Oak St
44 Unit Apartment Building $2,650,000 ($60,227/Unit) Houston, TX 77018
Investment Highlights
- PRICE REDUCTION!
- Located in Lowell Heights, it is an excellent opportunity to invest early in a promising area
- Adjacent to Garden Oaks District
- 100% Vacant with redevelopment opportunity. Ideal for townhome and/or garden-style apartments
- Oak Street, west of North Shepherd
- 1.16 Acres
Executive Summary
Redevelopment opportunity ideal for townhome and/or garden style apartments.
Property Facts
| Price | $2,650,000 | Building Class | C |
| Price Per Unit | $60,227 | Lot Size | 1.16 AC |
| Sale Type | Investment | Building Size | 33,200 SF |
| No. Units | 44 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low Rise |
| Price | $2,650,000 |
| Price Per Unit | $60,227 |
| Sale Type | Investment |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.16 AC |
| Building Size | 33,200 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1965 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 700 |
| 2+1 | 12 | - | 900 |
PROPERTY TAXES
| Parcel Number | 0670470020091 | Improvements Assessment | $768,131 |
| Land Assessment | $1,524,900 | Total Assessment | $2,293,031 |
PROPERTY TAXES
Parcel Number
0670470020091
Land Assessment
$1,524,900
Improvements Assessment
$768,131
Total Assessment
$2,293,031
zoning
| Zoning Code | N/Ap, Houston (The multifamily building consists of 44 units. Each unit is designed to accommodate multiple families, providing a convenient living arrangement.) |
| N/Ap, Houston (The multifamily building consists of 44 units. Each unit is designed to accommodate multiple families, providing a convenient living arrangement.) |
-
Lyle Cowand -
RESOLUT RE -
RESOLUT RE
(281) 445-0033
x402
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902 Oak Street Property | 902 Oak St
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