3643 N MacGregor Way - Apartments FOR SALE
Houston, TX 77004 |
3643 N MacGregor Way
Houston, TX 77004
HIGHLIGHTS
- MacGregor Palms Apartments provides an 85% occupied multifamily investment with extensive property renovations and an easily accessible location.
- The exceptional investment is placed just minutes from the University of Houston, Texas Southern University, and the Medical Center Area.
- Key property features include modern interiors, central heat/cooling, energy-efficient windows, and a complete appliance package.
- A Ratio Utility Billing System (RUBS) is being implemented, significantly increasing rental income and NOI by shifting utility costs to tenants.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
40 UNIT APT COMPLEX - NEAR UH/TSU - RENOVATED
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
32134
STORIES
2
YEAR BUILT
1957
PARKING SPACES
42
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0410310340227
