2617 Napoleon St, Houston, TX 77004
15 Unit Apartment Building | For Sale | Houston, TX 77004
For Sale
Active
25 pictures
- Property Type
-
Multifamily
- Square Feet
- 4,116 SF
Listing Contacts
Mike Banwell
William Garrison
- Property Info
Property Overview
RI Marketplace Online Auction June 24-26, 2024
Register to bid on Marketplace
Marcus & Millichap is pleased to present a significant value add opportunity in South Central Houston, adjacent to the University of Houston. Acquiring this asset provides a new owner operational upside achieved by improving occupancy up to Market average. There is minimal work needed to be done inside of the units. Previous owners have implemented a new gate to give tenants a sense of security. It is comprised of 15 studio units that come with granite countertops, a refrigerator, and a microwave in the beautiful kitchen area. Along with that there is a coin operated on site laundromat.
Ultimately, this is a great opportunity for an investor to acquire a property in the center of Houston.
Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
Register to bid on Marketplace
Marcus & Millichap is pleased to present a significant value add opportunity in South Central Houston, adjacent to the University of Houston. Acquiring this asset provides a new owner operational upside achieved by improving occupancy up to Market average. There is minimal work needed to be done inside of the units. Previous owners have implemented a new gate to give tenants a sense of security. It is comprised of 15 studio units that come with granite countertops, a refrigerator, and a microwave in the beautiful kitchen area. Along with that there is a coin operated on site laundromat.
Ultimately, this is a great opportunity for an investor to acquire a property in the center of Houston.
Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
Property Details
- Class
- B
- Year Built
- 2020
- Stories
- 2
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 15
Highlights
- Auction Site: https://rimarketplace.com/auction/2025/lender-driven-sale-houston-tx-apartments
- Value Add: Opportunity to complete lease-up increasing NOI
- South Central Houston: Less Than a Half Mile From University of Houston
- Recent Renovations: Unit upgrades and Automatic Driveway Gate
Nearby Properties
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