• 15240 Galveston Rd - 15240 Galveston Rd, Webster, TX 77598

For Lease

Unit The Townhomes on Three

Available December 15, 2023
  • Available on
    December 15, 2023
  • Time on Market
    4 months
  • Last updated
    Dec 14, 2023
  • Space ID
    2151359
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Property Details

▶ Attractive assumable loan at 3.47% w/ 6 years remaining.. ▶ 12 units have not been upgraded. Current owner has recently increased and proven 2-bedroom units at $1500 and 3-bedrooms at $1900. New owner could increase annual NOI by $151,800 on new leases and renewals.. ▶ Median 3-mile household income is nearly $100,000.. ▶ All 2-bedroom units have 2 covered parking spots directly in front of their unit and all 3-bedroom units have direct access to a 2-car garage. Current owner is not charging for parking.. ▶ All units come with washer and dryers. New owner could increase other income by charging $50 a month. New owner could also increase O/I by incorporating valet trash.

  • Property Type
    Multi-Family
  • Submarket
  • Year Built
    1983
  • Total Building Size
    105,208RSF
  • Total Available
    105,208RSF
  • Last updated
    Dec 15, 2023
  • Property ID
    2230037

Landlord's Leasing Representatives

  • Abraham Garza III
     
  • Jordon Emmott
     
  • Shayan Hasnain