For Sale
For Sale
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Year Built
1963 (Renovated 2015)
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Overview
VERY RARE 100% Occupied 14 Remodeled Apts in a Prime Location between West Alabama and Richmond on Audley. Corner lot on Quiet street. Gated Access with Covered Parking. Brick and Hardy Plank Exterior. Private Garden with Furniture for Relaxing. Central Laundry. Ceramic Tile Floors in All Units. All but two of the AC units have been replaced within the last three years. 65% new appliances.
10 One Bedroom/1 Bath
4 Two Bedroom/1 Bath
Actual Total Income $12,270 per Month
Rents are 15% Below Market. Hence 100% Occupancy!
Just three blocks from River Oaks and Greenway Plaza. Two blocks from Lamar High School and St. Johns Private School. This is excellent prime location just minutes from Galleria, Upper kirby District, Montrose and Midtown.
Owner Doing a 1031 Exchange.
Property Details
VERY RARE 100% Occupied 14 Remodeled Apts in a Prime Location between West Alabama and Richmond on Audley. Corner lot on Quiet street. Gated Access with Covered Parking. Brick and Hardy Plank Exterior. Private Garden with Furniture for Relaxing. Central Laundry. Ceramic Tile Floors in All Units. All but two of the AC units have been replaced within the last three years. 65% new appliances.
10 One Bedroom/1 Bath
4 Two Bedroom/1 Bath
Actual Total Income $12,270 per Month
Rents are 15% Below Market. Hence 100% Occupancy!
Just three blocks from River Oaks and Greenway Plaza. Two blocks from Lamar High School and St. Johns Private School. This is excellent prime location just minutes from Galleria, Upper kirby District, Montrose and Midtown.
Owner Doing a 1031 Exchange.
- Property TypeMulti-Family
- Submarket
- Year Built1963Renovated 2015
- Sale Price$1,850,000
- Total Building Size8,747RSF
- Number of Floors2
- Number of Buildings1
- Building ClassB
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2070287