$10,200,000 USD
832-888-3321
100 Northpoint Dr
Houston, TX 77060
Greater Greenspoint
HIGHLIGHTS
- New development of 10 buildings of 3 apartment (3plexes) plus 1 building of 4 apartments (4plex) for a total of 34 units.
- All units features 3 beds plus 2.5 bathrooms in a 2 story apartment. Half bathroom, living and kitchen in the first floor and 3/2 baths in the second.
- Each apartments has an attached garage plus parking spot in the drive way and one more in the over flow area. Total 3 spots per apartment.
- Seller is seeking for an investor/buyer who can turn this new complex of apartment into a Build To Rent deal.
- Development has been approved by the city of Houston and is currently under construction. Completion target is in the summer of 2027
- Download here a marketing flyer that shows more detailed information and proforma income estimates. Contact the LA for additional info
OVERVIEW
New development of 34 condominiums/apartments under construction. All 34 apartments will be 3 beds and 2.5 bath rooms with one car garage attached plus one parking spot on the driveway and one more sport in the overflow areas. The seller is seeking for a buyer/investor to purchase this development and turn it into a Build To Rent deal.
FOR SALE DETAILS
PRICE
$10,200,000 USD
PRICE/SF
$217 USD /SF
# OF UNITS
34
PRICE/UNIT
$300,000
CAP RATE
Request Cap Rate
% LEASED
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2028
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1083840000010
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832-888-3321
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832-888-3321
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