28011 Johnson Rd, Tomball, TX 77375
33 Unit Apartment Building | For Sale | Tomball, TX 77375
For Sale
Active
- Property Type
-
Multifamily
- Square Feet
- 36,000 SF
Listing Contacts
John Parducci
Thomas Bahr III
Andrew Wright
Trevor Hubbard
Connor Biernat
Sean Holamon
Aaron Cervantes
Property Overview
Offers Due: Thursday, June 27, 2024
Capstone is delighted to offer Dogwood Townhomes, a prominent 33-unit community built partially in 1977 and 2001 in the rapidly growing suburb of Tomball, Texas. This property boasts a strong historical occupancy and a track record of rent growth, making it ripe for rental increases and NOI growth. The units feature spacious floor plans and essential amenities like washer and dryer hookups, which bolster tenant demand. Situated near Houston, Tomball has seen a 20% population surge in the last decade, driving both commercial and residential development in the area. Recent developments include 400 acres of commercial space and over 2,000 new homes under construction since 2020, promising continued growth and increased tenant base. Dogwood Apartments and Townhomes represents a secure investment with substantial upside potential in a thriving market.
Capstone is delighted to offer Dogwood Townhomes, a prominent 33-unit community built partially in 1977 and 2001 in the rapidly growing suburb of Tomball, Texas. This property boasts a strong historical occupancy and a track record of rent growth, making it ripe for rental increases and NOI growth. The units feature spacious floor plans and essential amenities like washer and dryer hookups, which bolster tenant demand. Situated near Houston, Tomball has seen a 20% population surge in the last decade, driving both commercial and residential development in the area. Recent developments include 400 acres of commercial space and over 2,000 new homes under construction since 2020, promising continued growth and increased tenant base. Dogwood Apartments and Townhomes represents a secure investment with substantial upside potential in a thriving market.
Property Details
- Class
- C
- Year Built
- 1977
- Stories
- 1
- Lot Size (sq. ft)
- 165,528 SF
- Units
- 33
Highlights
- Strong Historical Occupancy and Rent Growth
- Spacious Living with Essential Modern Amenities
- Robust Submarket Strength in a Thriving Community
Nearby Properties
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