615 Hayman St - Apartments FOR SALE


Huntsville, TX 77340- Downtown Huntsville
$7,185,000 USD
832-457-9442
615 Hayman St, Huntsville, TX for Sale
$7,185,000 USD
Apartments - FOR SALE
1/44
null | 6% Cap Rate

615 Hayman St
Huntsville, TX 77340
Downtown Huntsville


HIGHLIGHTS

  • Exceptional Location, located minutes off I-45 in Huntsville, 1.7 Miles from Sam Houston State University.
  • High-Quality, Modern Construction. Subject is not located in FEMA flood zone
  • Strong Demand & Upside Potential
  • Sustained Long-Term Value Appreciation

OVERVIEW

Cottage Pointe Apartments, with a Home-Style-Feel is a newly developed, 3.1485-acre with 44-unit residential community built in 2023 in Huntsville, Texas. This premier property features thoughtfully designed amenities to include private fenced in yards along with modern living experiences to allow its residents the highest standards of quality and providing residents with exceptional living environment. The Huntsville area has experienced relatively steady growth over the past several years and possesses the positive attributes necessary to continue growing into the future. Huntsville's stability, its proximity between Houston and Dallas/Fort Worth, and it accessibility from IH-45 have created a more diverse economy and a favorable impacted its future growth and economic potential. The slow but steady trend of expansion of the economic base is anticipated to continue over the foreseeable future. This Steady expansion should help maintain a relatively good balance in most forms of real estate. BUILDING AMENTIES: • Air Conditioning • Concrete Flooring, downstairs-Vinyl upstairs • Stainless Steel Appliances, Range, Microwave Refrigerator and Dishwasher • Washer & Dryer Connections in all units • Pantry • Smoke-Free • Tub/Shower • Walk-In Closets • Cable Ready & High Speed Internet • Ceiling Fans • Island Kitchen in some units • Dining Room • Granite Countertops • Beautiful Backsplashes • Porch • Fenced in private Yards • 24 Hour Access • Picnic Area • Pets Welcome-No Monthly Fees • Fenced in Dog Park • Wheelchair Accessible

FOR SALE DETAILS

PRICE

$7,185,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

44

PRICE/UNIT

$163,295

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cottage Pointe Studio Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.14 AC

LAND SF

136,778 SF

ZONING

-

APN/PARCEL ID

31750

ASK ABOUT THIS PROPERTY

George HarrisonLongmire WhiteOak DevelopmentMore Info
832-457-9442

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George HarrisonLongmire WhiteOak DevelopmentMore Info
832-457-9442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.