713-852-3535
1111 Studewood St, Houston, TX for Sale
Apartments - FOR SALE
1/3
null | Request Cap Rate

1111 Studewood St
Houston, TX 77008
Greater Heights


HIGHLIGHTS

  • 14,000 SF condo-retail asset including ground floor and roof top space
  • High performing roof top tenant presents optionality for next buyer – ability to convert MTM tenant to long term lease or re-merchandise
  • Ability to grow NOI via mark-to-market upside and NNN reimbursements
  • Ample parking with adjacent lot at 745 E 11th St included in offering
  • Located among an expanding residential base in Houston Heights submarket, with 4,500+ multifamily units within a 3-mile radius

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present 1111 Studewood (the “Property”), a 14,000-square-foot condominiumized retail asset within a mixed-use development. Positioned at the corner of Studewood Street and 11th street in the prime Houston Heights submarket, the property benefits from the area’s rapidly expanding residential base and vibrant urban environment. Located within the Heights’ thriving retail corridor, the property is strategically positioned to attract and retain high-performing tenants seeking unique, experiential spaces. Currently 100% leased to a diverse tenant mix, 1111 Studewood offers investors the opportunity to acquire an income-producing asset in Houston’s fastest-growing urban retail submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

2

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marketing the Retail

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2011

PARKING SPACES

120

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

None

APN/PARCEL ID

1335500000001,1335500000002,1335500000003,1335500000004,1335500000005,1335500000006,1335500000007,1335500000008,1335500000009,1335500000010,1335500000011,1335500000012,1335500000013,1335500000014,1335500000015,1335500000016,1335500000017,1335500000018,1335500000019,1335500000020,1335500000023,1335500000024

ASK ABOUT THIS PROPERTY

Ryan WestJLLMore Info
713-852-3535

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Ryan WestJLLMore Info
713-852-3535

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