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Houston Apartment Buildings for Sale
Apartment Building For Sale in Houston
In the heart of Texas, Houston stands as a city of diversity and dynamism, hosting a variety of Apartment Buildings, which factor significantly in housing its vast population. Houston's geographical location, near Galveston Bay and the Gulf of Mexico, offers these buildings proximity to significant transportation channels, enhancing their accessibility. Additionally, Houston’s robust education system, comprising the University of Houston among other institutions, attracts a high student population, thereby further increasing the demand for such living spaces. Also, the city's flat terrain optimizes the land use for such apartment buildings, presenting vital growth opportunities in this vibrant property market.
The available Apartment Buildings in Houston offer residents convenient access to Houston's transportation system, entailing interconnected freeways and the METRO public transportation. Besides, Retail Space remains a popular investment choice in Houston, owing to its thriving commerce sector and the presence of numerous Fortune 500 headquarters. Shopping Centers, too, find significant relevance in the city, with its populace's rich cultural threads making it a diverse consumer market. The city offers worthwhile alternatives in the form of Residential Income Properties, given the steady influx of professionals and students. Collectively, these properties shape Houston's real estate, reflecting the city's multi-faceted economic constitution and dynamic growth trajectory.
Learn about Apartment Buildings for sale in Houston
How many Apartment Buildings are available for sale in Houston?
Currently, there are 138 Apartment Buildings for sale in Houston.
What factors should I consider when searching for Apartment Buildings for sale in Houston?
You should consider factors such as location, average property size, average price per square foot, and the cap rate.
How much does it cost to buy an Apartment Building in Houston?
The cost to buy an Apartment Building in Houston may vary significantly, with the average price per square foot standing at $273 right now.
- The average size of the Apartment Buildings listed for sale stands at 74,032 SF, which indicates the variety of options for potential buyers.
- With around 138 Apartment Buildings listed for sale, Houston offers an excellent opportunity for investment in this type of property, reflecting the city's vibrant real estate market and broad economic base.
What is the largest Apartment Building available to buy in Houston?
The largest Apartment Building available right now provides 1,354,372 SF of space, reflecting on Houston's capacity to accommodate large properties.
Why is Houston an ideal location for Apartment Buildings?
Houston's strategic location, combined with its broad economy and multicultural appeal, makes it an optimal location for Apartment Buildings.
- With Houston being the largest city in Texas and the fourth most populous city in the United States, over 2.3 million people call it home. This introduces an extensive residential demand.
- Considering Houston's large population and the presence of world-renowned institutions like the Texas Medical Center and NASA's Johnson Space Centre, apartment buildings in Houston present a worthwhile investment supplying accommodations for the city's large resident-base.
Apartment Buildings in Houston - Size Summary
| Apartment Building Size | Square Feet |
|---|---|
| Maximum | 1,354,372 SF |
| Average | 74,032 SF |
| Minimum | 500 SF |
Apartment Buildings in Houston - Cap Rate Data
| Apartment Building Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 12.95% |
| Average | 6.87% |
| Minimum | 2.09% |
Apartment Buildings in Houston - Price
| Apartment Building Price | Price Per SF |
|---|---|
| Maximum | $13,000 Per SF |
| Average | $273 Per SF |
| Minimum | $32 Per SF |
Apartment Buildings in Houston - Overall Summary
| Apartment Building Metric | Summary Value |
|---|---|
| Avg Size | 74,032 SF |
| Avg Price Per Square Foot | $273 |
| Avg Cap Rate | 6.87% |
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