Laredo Apartments
Multifamily | 14 Units | $70,714/unit
Marketing description
Introducing an exclusive investment opportunity: Apartment Complexes for Sale at 14302 Laredo St., Houston, Tx 77015. Located in the thriving Channelview area with easy access to I-10 East, this property features 14 units on a corner lot with convenient onsite parking and a fenced yard. Built in 1984 and 1985, remodeled in 2015 and more upgraded in 2024 with several new AC units, vinyl floor, newly paint with new efficiency lightings, this 6,968 SF building on an 11,000 SF land parcel offers a steady 85% occupancy rate. The property boasts a good building condition, frame/stucco exterior walls, and 23 parking spaces. Furthermore, it benefits from high visibility, strong demographics, and discount rates, making it an attractive investment opportunity. With a surrounding population of over 165,000 within a 1 to 5-mile radius and average household incomes on the rise, this property is poised for growth. Don't miss out on this chance to acquire a prime real estate asset in a desirable location. Contact now for more details before this opportunity slips away.
Investment highlights
This investment property offers lots of upside potential for either an owner/user or a short-term investor looking to flip after improving it. Located at the corner of Laredo St. and Barara Lae St., right in the heart of Channelview area with easy access to the I-10 and Beltway 8.
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