1014 Prairie St - Apartments FOR SALE


Houston, TX 77002- Market Square
$2,950,000 USD
903-707-8081
1014 Prairie St, Houston, TX for Sale
$2,950,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1014 Prairie St
Houston, TX 77002
Market Square


HIGHLIGHTS

  • Qualifed Opportunity Zone: Defer or elimnate capital gains for QOZ Investors (Census Tract 48201520900)
  • High-Barrier Submarket: Downtown Houston commands the city's top multifamily rent.

OVERVIEW

Permit-Ready Plans 14 one-bed, 2 two-bed, 3 studio units + 1,750 SF retail; fourth-floor addition with private terraces approved Floor addition with private terrances approved. Approved Historic Tax Credits: UP to 45% rebate on qualified construction costs via State & Federal Programs. Facace & Thrive Storefront Grants: Eligible for additional funding to enhance exterior and retail improvement.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

19

PRICE/UNIT

$155,263

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

0010560000004

ASK ABOUT THIS PROPERTY

Ilse StoughNORF CompaniesMore Info
903-707-8081

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Ilse StoughNORF CompaniesMore Info
903-707-8081

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