Unit Maison De Ville
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Available on
December 15, 2023
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Time on Market
4 months
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Last updated
Dec 14, 2023
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Space ID
2153570
Property Details
▶ Strong value-add opportunity located on a major thoroughfare in the Greenspoint submarket of North Houston and only 10 minutes from George Bush Intercontinental Airport.. ▶ Upgraded units are achieving approximately $200 premium compared to “classic” units”. There appears to be additional upside potential in rents by completing exterior renovations and adding amenities.. ▶ All units have washer and dryer connections.. ▶ Seller has recently upgraded 71 units with granite countertops, fresh paint, new flooring, new appliances, hardware and ceiling fans. An additional 7 units have been partially upgraded.. ▶ Located in an Opportunity Zone, designed to spur economic development by providing tax benefits to investors.. ▶ Rents in the submarket have grown 35% over the last 10 years & continue to rise due to lack of new construction.
- Property TypeMulti-Family
- Submarket
- Year Built1979
- Total Building Size92,400RSF
- Total Available92,400RSF
- Last updatedDec 15, 2023
- Property ID2231427