Promise Land Realty

Dec 7, 20211 min

Buy & Hold (Multifamily): (1,133 Units) Pasadena, TX 77504 + UNAVAILABLE

Updated: Jan 21

Multifamily Investment Opportunity

Acquisition Price

$94,526,190

1,133 Units - 4 Apartment Complexes

Annual Rental Income: $11,050,153

This great Multifamily investment opportunity containing 1133 units is owned by the same seller, all of the financials for the properties are available. All are heavy, classic value add. Very little to zero deferred maintenance. Submit all highest and best offers to Sarter@promiselandrealtyllc.com
 

La Pointe, 4101 S Shaver St, Pasadena, Tx 77504
 
Class C - 517 Units
 
Outside is currently being painted, had some plumbing issues that were fixed
 

 

 

 
Veranda Village, 3635 Shave St, Pasadena, Tx 77504
 
Class C - 329 Units
 
Overall good condition. One building had a fire and the seller had to bulldoze the units but has already started construction towards replacing them.
 

 

 
Creekside, 406 Deats Rd, Dickinson, Tx 77539
 
Class C - 286 Units
 
Seller is finishing up a lot of deferred maintenance; electrical, plumbing, insulation.
 

 
300 N Vista Dr, Houston, TX 77073

Class C - 296 units

"Good Deals Don't Last Long"

PROMISE LAND REALTY, LLC

Work: 313-307-6616

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com

All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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