Off-Market Offering262-Unit Off-Market Deal in Houston
$17,000,000
262 units
Asking Price
$17,000,000
Units
262
Investment Highlights
Houston, TX 262 Unit Value-Add Multifamily Class C garden-style community 1970s vintage (80×1BR, 174×2BR, 8×3BR) 830 SF avg unit size and $950 avg rents. Currently 80% occupied, strong value-add upside through lease-up and interior upgrades. assumable Fannie Mae debt ($10.2M @ 4.5%, due Jan 2029) in place. Asking: $17M (~$64,900/unit)
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/houston-investment-property/
https://www.crezly.com/property/houston-investment-property/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.