Apartment Buildings /TX /Cameron County /Harlingen /1500 Sam Houston
Apartment Buildings /TX /Cameron County /Harlingen /1500 Sam Houston

1500 Sam Houston - Apartments FOR SALE


Harlingen, TX 78550 | 
713-337-5806
1500 Sam Houston, Harlingen, TX for Sale
Apartments - FOR SALE
1/15
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1500 Sam Houston
Harlingen, TX 78550

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HIGHLIGHTS

  • Stable Asset with Strong Going-In Yield
  • Attractive Basis Relative to Recent Sales
  • Below Market Rents Compared to Similar Properties
  • Excellent Value-Add Opportunity

OVERVIEW

Stable Asset, Attractive Basis, and Below Market Rents

FOR SALE DETAILS

PRICE

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# OF UNITS

60

CAP RATE

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% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Timbers Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

Residential

APN/PARCEL ID

170015-0010-001000

ASK ABOUT THIS PROPERTY

Brad ShafferNewmarkMore Info
713-337-5806

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Brad ShafferNewmarkMore Info
713-337-5806

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