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27192686
27192687

7648 Broadview, Houston, TX 77061

JA
TX 389337
Blake & Associates Realty
Listed by Blake & Associates Realty
$1,400,000
261 days on market
Updated 10 days ago

7648 Broadview

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 18,000
Units 14
Cap Rate 6.40%
Occupancy 100%
Year Built 1982
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 34,160
Parking Spaces 25 spaces
Parking Per SqFt 1.39
Investment Type Net Lease
Ownership 100%

Need an income that is already established!! Well this property is for you!! room for two more.

Marketing description

Discover the ultimate multifamily investment opportunity! Presenting 12 fully occupied units that have been recently remodeled, located in a gated community, covered parking, green space with an outside cover patio, playground. 2 additional units are to-be-built. Each unit has a different unique layout and each unit offers amenities such as tile and laminate floors, and high efficiency washers and dryers. Units mix are 1 bedroom with 1.5 bathrooms to 3 bedrooms with 2 bathrooms. 25 Parking spots ~ 18 covered 7 uncovered. This prime property boasts exceptional accessibility, with convenient access from State Highway 35 (Telephone Road), I-45 South, Beltway 8, and I-610. Property is located close to all major shopping centers, Downtown Houston, and HISD schools. The property is situated in a favorable Flood Zone X, providing added peace of mind. With all the essential elements in place, this turnkey opportunity is too good to miss.


Investment highlights

25 parking. 18 covered, 7 uncovered

Square footage 18,000’
2 stories. (Change price per square foot. ft.)

#102 1 BD, 1.5 Bath 800’ downstairs
With warehouse 2,000’, 10’ high
Lease amount $1,
500.00

#111. 1 BD 1 Bath 800’
Downstairs
With warehouse 1500’ 10’ high
Lease amount $
1200.00

#100. 2 BD. 2 Bath. 1100’
With gated patio. Downstairs
Lease amount. $1,
250.00

#101. 3 BD. 2 Bath. 1300’
Large kitchen Upstairs
Lease amount $1,
350.00

#103. 2 BD. 1.5 Bath. 900’
Downstairs
Lease amount $1,
200.00

#104. 2 BD. 2 bath 900 ‘
Downstairs
Lease amount $1,
300.00

#105. 2 BD 2 bath 1000’
Downstairs with gated patio
Lease amount $1,
500.00

#106. 2 BD 2 bath 1,000’
Upstairs
Lease amount $1,
300.00

#107. 2 BD. 2 bath. 850’
Upstairs
Leased amount $1,
200.00

#108 2 BD 2 bath. 850’
Upstairs
Lease amount $1,
050.00

#109 1 BD 1 bath 650’
Upstairs
Lease amount $
700.00

#112. 1 BD 1.5 bath
Downstairs
Lease amount $
700.00

(#110. 2 BD 2 Bath 950’
Upstairs
To be built. $1100.00)

(#113. 2 BD 2 Bath. 1000’
Upstairs
To be built $1,200.00)

Listing Contacts

JA
TX 389337
Blake & Associates Realty
Listed by Blake & Associates Realty

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Additional Information

Name
Jeffrey A Blake
License
389337
Brokerage Address
12658 Farm to Market 1097
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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