713-835-0059
9400 Coventry Square Dr, Houston, TX for Sale
Apartments - FOR SALE
1/67
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9400 Coventry Square Dr
Houston, TX 77099
Alief


HIGHLIGHTS

  • Stabilized, garden-style multifamily asset in Houston’s Alief submarket
  • Attractive assumable loan at 3.79% interest, maturing in 2032
  • Rare financing offers downside protection
  • Strong potential for superior returns
  • Well-positioned for long-term value creation
  • Ideal opportunity for qualified investors

OVERVIEW

The Property is situated at 9400 Coventry Square Drive and consists of 172 units across approximately 8 acres. Originally constructed in 1984, The Victorian has benefited from recent renovations including modernized unit interiors and community amenities, positioning the asset for immediate income generation with longer-term value-add potential. The Property features one- and two-bedroom floorplans averaging 750 square feet, with current rental rates ranging from approximately $774 to $1,195 per month. Community amenities include a resort-style swimming pool, gated access, clubhouse with business center, and on-site laundry and maintenance services. The Property is currently performing at stabilized occupancy and generates consistent in-place cash flow. The Victorian benefits from proximity to major employment hubs including the Westchase District, Energy Corridor, and the greater Southwest Houston industrial markets. This location appeals to budget-conscious renters seeking affordable quality housing with access to regional transportation corridors.

FOR SALE DETAILS

PRICE

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# OF UNITS

172

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Victorian

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1984

PARKING SPACES

433

LAND DETAILS

LAND ACRES

5.39 AC

LAND SF

234,832 SF

ZONING

N/Ap

APN/PARCEL ID

1153810000003

ASK ABOUT THIS PROPERTY

Jaleel AdatiaColliersMore Info
713-835-0059

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Jaleel AdatiaColliersMore Info
713-835-0059

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