1011 W 10th St - Apartments FOR SALE


Houston, TX 77008- Greater Heights
$2,000,000 USD
713-405-7480
1011 W 10th St, Houston, TX for Sale
$2,000,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

1011 W 10th St
Houston, TX 77008
Greater Heights


HIGHLIGHTS

  • 100% Occupancy - Generating $18,995/month in actual rent revenue with zero vacancy
  • Turnkey Capital Stack - Roof, HVAC, wiring, W/D hook-ups, and water heaters all new
  • Irreplaceable Heights Location - Supply-constrained submarket with near-zero new inner-loop deliveries
  • Strong Rent Growth Trajectory - 3%+ annual rent growth projected as Heights market matures
  • Broad Buyer Profile - Attractive to 1031 exchange buyers, private investors, and family offices

OVERVIEW

1011 W. 10th Street is a fully renovated 14-unit multifamily community ideally situated in the heart of the Houston Heights — one of Houston’s most vibrant and supply-constrained inner-loop neighborhoods. The asset has undergone a comprehensive capital improvement program, transforming 1011 W. 10th Street into a highly attractive, low-maintenance investment featuring modernized interiors and significant upgrades throughout the property. Currently operating at 100% occupancy, the community generates strong in-place cash flow supported by rents that outperform many competing assets in the area, underscoring both the quality of the renovations and the property’s strong tenant demand. With a boutique unit count, stabilized operations, and a premier location in the heart of the Houston Heights, one of the city’s most desirable and supply-constrained rental markets, the property offers investors a compelling blend of immediate cash flow and long-term appreciation potential. Supported by continued population growth, limited opportunities for new multifamily development, and increasing barriers to entry throughout the Heights, 1011 W. 10th Street is exceptionally well-positioned to deliver durable income and sustained rental growth for years to come.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

14

PRICE/UNIT

$142,857

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TenEleven Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B1 -- Real, Residential,

APN/PARCEL ID

0600840070011

ASK ABOUT THIS PROPERTY

Matthew BeanPartnersMore Info
713-405-7480

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Matthew BeanPartnersMore Info
713-405-7480

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