801 Allen-Genoa Rd South Houston, TX 77587
177-unit multifamily complex, excellent condition
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Strong unit mix: 63% two- and three-bedroom units.
- High visibility: Triple street access at major intersection.
- Well-maintained: $1.7M recent capital improvements.
- Value-add opportunity: $150/unit rent increase potential via interior renovations.
- Water conservation potential: Opportunity to implement cost-saving program.
- Favorable financing: Existing loan at 5% interest with mezzanine debt capacity.
Property Details for 801 Allen-Genoa Rd
- Property type
- Apartment buildings
- Class
- C
- Year Built/Renovated
- 1972/2016
- Buildings
- 14
- Stories
- 2
- Lot Size (sq. ft)
- 233,046 SF
- Units
- 177
Location Insight
- City
- South Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.6585257
- Longitude
- -95.2091644
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 177-unit multifamily complex, excellent condition
- Where is the apartment building located?
- The property is located at 801 Allen-Genoa Rd South Houston, TX.
- What are key features of this property?
- This property features: Strong unit mix: 63% two- and three-bedroom units.; High visibility: Triple street access at major intersection.; Well-maintained: $1.7M recent capital improvements.
- How can I contact the broker?
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