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724 E 11th St
Houston, TX 77008

$3,700,000 USD

Apartments For Sale  •  15,460 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,460 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 1951
44 Transit Score
88 Walk Score

Highlights

Class A neighborhood in proximity to trendy restaurants & walkable amenities, as well as its high-income demographic
96% Occupancy with rents significantly below market, Immediate opportunity for value -appreciation through targeted renovations and rate increases
High Demand for Units, Minimizing vacancy risk & Offering stable Cash flow to Investors
Flexible Investment Strategy; Choice of value-add strategy or holding the property as a covered land play

Amenities

  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Built-In Bookshelves

Public Transportation

Commuter RailDriveWalkDistance
Houston (Sunset Limited - Amtrak) 7 min - 3.1 mi
AirportDriveWalkDistance
William P Hobby 28 min - 16.0 mi
George Bush Intcntl/Houston 26 min - 19.5 mi
Scott Lunine 713-854-5946 Partners
Scott Lunine 713-854-5946 Partners