Vanguard Real Estate Advisors (“VREA”) is pleased to present the exclusive opportunity to purchase Montgomery Place Apartments (“Property” or “Montgomery Place”) located in Huntsville, TX. Montgomery Place totals 50 units averaging a spacious 1,000 square feet, all of which are identical 2 bedroom and 2 bathroom units with full size washer/dryer connections. The Property is ideally located along Montgomery Road less than a block south of Sam Houston State University (less than a mile east of State Highway 75/Sam Houston Avenue which is a main city thoroughfare, and one mile east of Interstate 45).
The Property was constructed in 2002 and is near national retailers such as Sonic, McDonald’s, Starbucks, CVS, Kroger, and Academy amongst others. The Property has a reduced asking price of $5,500,000 ($110,000 per unit & $110.00 psf).