Teresa Hill
Listed by Teresa Hill
$2,900,000
4706 Yellowstone Blvd
Details
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 10,483
Net Rentable (SqFt) 10,483
Units 25
Cap Rate 6.50%
Class C
Year Built 1955
Year Renovated 2025
Buildings 3
Stories 2
Lot Size (SqFt) 20,000
Occupancy Date 03/31/2025
Section 8 Housing, Affordable Housing in a transitional area.
Marketing description
Currently being remodeled and coming to completion (estimated completion date April 2025, Offered at 2.9 million (unoccupied). Once filled to capacity, price will increase to reflect. New flooring, paint, mainline plumbing, electrical panels, granite, cabinets, HVAC, doors, windows, fixtures. Gated community with gated parking on location.
Each apartment is uniquely styled. Located in close proximity to NRG, Texas Medical Center, University of Houston. In a transitional area where new construction is taking place. Revitalization is surrounding this location.
This apartment complex was a repossession and restoration project. Cap Rate not currently available. Apartments are certified Section 8.
Listing Contacts
Teresa Hill
Listed by Teresa Hill
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