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33827424
33827419

21754 Mccleskey Rd., New Caney, TX 77357

RR
CA CA 01836872
KW Commercial Inland Empire
JB
CA 02039512
KW Commercial Inland Empire
Listed by KW Commercial Inland Empire
$5,750,000
3 days on market
Updated 1 day ago

Eagles Nest Apartments

Details
APN 4083-01-00100
Property Type Multifamily
Sub Type Apartment Building
Square Footage 17,208
Units 40
Cap Rate 5.39%
NOI $310,200
Occupancy 95%
Tenancy Multi
Price per SqFt $334
Class B
Year Built 2021
Buildings 5
Acreage 3.860
Investment Type Stabilized

40-Unit, Stabilized Apartment Complex!!!

Marketing description

KW Commercial is pleased to present the offering of 21754 McCleskey Rd., an opportunity to acquire a stabilized 40-unit multifamily investment in the rapidly growing Southeast Montgomery County submarket of New Caney, Texas. Built in 2021, the property is strategically positioned near major retail, dining, and entertainment destinations, including Valley Ranch Town Center, a 240-acre mixed-use development featuring approximately 1.5 million square feet of commercial space.

Residents benefit from convenient access to nearby schools, parks, and recreational amenities, while investors can capitalize on the area's strong population growth, expanding economic base, and increasing demand for quality housing within one of the fastest-growing markets in the Houston metropolitan area.

Investment highlights

  • Surrounded by new developments, including the Valley Ranch Town Center, a 240-acre, 1.5 million square feet of retail, dining, and entertainment
  • Close proximity to several schools, parks, and entertainment
  • Southeast Montgomery submarket is on the of the fastest growing markets in the Houston area, with high population growth

Listing Contacts

RR
CA CA 01836872
KW Commercial Inland Empire
JB
CA 02039512
KW Commercial Inland Empire
Listed by KW Commercial Inland Empire

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$310,200.00
$25,850.00/mo

Valuation Metrics

0
DSCR
5.39%
Cap Rate
5.39%
ROI

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