Listed by Partners
$2,150,000
Gregg St Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,027
Units 49
Price per SqFt $179
Year Built 1960
Stories 2
Acreage 0.730
Multifamily | 49 Units | $43,878/unit
Marketing description
2524 Gregg Street is a 50-unit (49 units plus one manager’s unit) workforce housing asset located in Houston’s East River development submarket. Originally a hospitality property, the asset has been successfully converted into a multifamily offering that caters to both local workforce tenants and extended-stay residents. The property features copper wiring and includes two units equipped with kitchens, supporting flexible leasing options.
Investment highlights
Strategic Inner-City Location
Stable Budget Hospitality Demand
Efficient Boutique-Scale Asset
Value-Add Potential Through Renovation
Proximity to Major Transportation Corridors
Listing Contacts
Listed by Partners
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