3603 Alice St - Apartments FOR SALE
Houston, TX 77021 |
3603 Alice St
Houston, TX 77021
HIGHLIGHTS
- 3603 Alice Street is a 65-unit value-add multifamily investment with access to the Interstates 610 and 45 interchange and the Texas Medical Center.
- Conveniently situated between US Highway 90 ALT and I-610, and just four minutes from some of the most essential community service providers.
- Surrounded by a stabilized tenant pool; over 60% of residents living within a 3-mile radius rely on rental properties as their residence.
- Over 145,000 residents living within a 3-mile radius tallied a consumer spending total of over $1.3 billion in 2023.
- OST-South Union Submarket multifamily rents have grown nearly 3% YOY since April of 2023, according to CoStar Analytics.
- Surrounded by national retailers and service providers, including Aldi, Walgreens, McDonald’s, UPS, CITI, Bank of America, and more.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Alice Street Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
58442
STORIES
2
YEAR BUILT
1965
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0450640000254,0450640000256,0450640000257,0450640000261,0450640000262,0450640000263,0450640000264
