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Multifamily: 1,133 Units, Pasadena, TX 77504 - No Longer Available

Updated: Jan 17, 2022

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



B-La Esencia Apts Sept 30 2021 (1)
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Download XLSX • 61KB

C-Verenda Apts Aug 30 2021
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Download XLSX • 48KB

C-Pointe Apts Aug 30 2021
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Download XLSX • 63KB

C-Creekside Apts Aug 30 2021
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Download XLSX • 55KB

"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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