107 Oak Park Dr - Apartments FOR SALE


Clute, TX 77531
$2,990,000 USD
979-900-8287
107 Oak Park Dr, Clute, TX for Sale
$2,990,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

107 Oak Park Dr
Clute, TX 77531


OVERVIEW

PRICE IMPROVED TO $2.99M Introducing an exceptional investment opportunity: a well-maintained 32-unit apartment complex located at 107 Oak Park Dr. , Clute, TX 77531, positioned in a rapidly growing corridor with effortless access to Hwy 288. This multifamily asset sits in a thriving rental market, offering both stability and strong potential for future appreciation. The property features ample onsite parking, a fully fenced perimeter, and an expansive lot behind the complex—ideal for future development. The buildings are in excellent condition, reflecting consistent care and upkeep, which allows investors to step into a property that is performing well while still offering room to elevate value. With its strategic location and solid construction this complex is perfectly poised for continued growth. Secure your position in one of Clute’s most promising investment pockets and capitalize on the momentum of the region’s expansion.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

32

PRICE/UNIT

$93,438

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Red Rose Of Texas Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2014

PARKING SPACES

40

LAND DETAILS

LAND ACRES

7.83 AC

LAND SF

341,075 SF

ZONING

R-3

APN/PARCEL ID

6826-0500-110

ASK ABOUT THIS PROPERTY

Trey KingBirdsong Real EstateMore Info
979-900-8287

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

Trey KingBirdsong Real EstateMore Info
979-900-8287

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