1010 Magnolia Dr - Apartments FOR SALE


Freeport, TX 77541
$6,500,000 USD
713-333-8823
1010 Magnolia Dr, Freeport, TX for Sale
$6,500,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

1010 Magnolia Dr
Freeport, TX 77541


HIGHLIGHTS

  • PREMIER LOCATION IN ONE OF HOUSTON MSA’S SMALLEST SUBMARKETS BY UNIT COUNT
  • STRATEGICALLY LOCATED INVESTMENT WITH CONTINUED GROWTH POTENTIAL
  • NEW VOLKSWAGEN PLANT IN FREEPORT

OVERVIEW

$2.2m+ Capex Recently Completed | Offered below $50k/Unit

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$45 USD /SF

# OF UNITS

146

PRICE/UNIT

$44,521

CAP RATE

Request Cap Rate

% LEASED

55%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Remington Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

200

LAND DETAILS

LAND ACRES

6.17 AC

LAND SF

268,765 SF

ZONING

B1

APN/PARCEL ID

4647-0001-000

ASK ABOUT THIS PROPERTY

Brett BentonNorthmarqMore Info
713-333-8823

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Brett BentonNorthmarqMore Info
713-333-8823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.