Lisa Park - Tribe The Agency
7707 Glover Street #11
Houston, TEXAS 77012

Description

BACK ON MARKET BUYER COULDN'T SECURE A LOAN - BRAND NEW eleven unit apartment complex in very popular Gulfgate (SE Houston area) 9.6% AS IS CAP RATE! Fully occupied now. Beautifully rebuilt with new everything! New 30-year roof with transferable warranty, new double paned windows. Property was rebuilt with reinforced studs, new insulation, new sheetrock, texture and paint. Stunning new marble tiled bath with new vanities and luxury chromed fixtures. Kitchen has been rebuilt with new cabinets and modern tile backsplash, gorgeous Alaska White granite counters with undermount sinks. New vinyl wood floors throughout make for a lasting tenant experience. New central AC with new thermostats. BRAND NEW coded entry gate, a coded vehicle gate and 7 foot high wooden fence. New asphalt just poured on parking (warranty transferable). Owned coin op laundry on site (not leased). Brand new water heaters. All 1 year contracts. 8 one bedrooms, 3 two bedrooms, 1 three bedroom 1.5 baths.

Details

MLS#11255699
Sub-TypeResale
StatusPending
Year2018
Days On Site132

Features

SQ Feet8,200
Units3
Building(s)1

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Area Information

StateTexas
CountyHarris
CityHouston
Zip Code77012
Area4
Listing VS Median (in 77012)
Price:
$798,500
low | high
Med:
$90,000
100% of Average
SqFt:
8,200
low | high
Med:
804
100% of Average
$ / SqFt:
$97
low | high
Med:
$112
35.045654632286% of Average
On Site:
132
low | high
Med:
13
100% of Average
Listing Updated: 11/19/2018
MLS Number: 11255699
Listing Provided By:
Boris Sanchez  of  Sanmore Realty