All Cash

PARKWAY APARTMENTS

The Parkway Apartments, is a two story, garden-style, apartment community located in the South Park submarket of Beaumont,Texas. The asset was built in 1968. Resident amenities include: mini-blinds, kitchen pantries, ceiling fans, patios and balconies. Tenants pay electric and Owner pays for water/sewer.
Currently there are no reported leasing concessions. This property previously received a Weatherization Grant.

ALABAMA GARDENS

The Alabama Gardens Apartments, is a two story, garden-style, apartment community located in the South Park submarket of Beaumont, Texas. The asset was built in 1976. Resident amenities include: mini-blinds, kitchen pantries, ceiling fans, patios and balconies.

Currently there are no reported leasing concessions. This property previously received a Weatherization Grant.

The buyer must purchase in conjunction with Parkway Apartments.

THE ALBION

The Albion is an excellent opportunity for an investor to purchase a class "C" apartment community consisting of 192 units in Angleton, Texas. The property is located in the Brazosport area which is home to the largest chemical complex in the world. The current owner has expended approximately $568K in interior and exterior rehab / upgrades in the last few years which includes approximately $247K in interior improvements and approximately $221K in exterior improvements and approx. 100K in HVAC and appliance replacement.

MAINLAND

The Mainland Apartments, is a two story, garden-style, apartment community located in Texas City, in the Dickinson/Galveston submarket of Houston, Texas. The asset was built in 1970. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans and laundry facilities.

HADLEY STREET PROPERTIES

3324, 3229, 3230, 3309 Hadley Street is a total of 22,274 rentable square feet which includes a community center, administrative building and a church with a small house in the back, located in the Third Ward submarket of Houston, TX, zip code 77004. The beautiful historic neighborhood is near the University of Houston, Texas Southern University, the Texas Medical Center and Downtown Houston.

GATEWAY ON KIRKWOOD

The Gateway on Kirkwood Townhome Apartments, is an individually titled two story community located in the Alief submarket of Houston, Texas. The asset was built in 1985. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies, walk-in closets and garages in the larger units. The owner has 100% of the units and there is no HOA.

ASHFORD GLENS

Ashford Glens is a 68 unit, two story, apartment community located in northwest, Houston, Texas in the popular Spring Branch sub-market. The Spring Branch submarket is a stable sub-market and has had historically high occupancies. The property is located within a residential neighborhood in the area. Home values range from 350K to over $2 million (south of Long Point Rd.).

HEIGHTS MANSION

540 Heights is a four-story solid brick asset in the Inner Loop West area of Houston, Texas in the highly desirable Heights area. The asset was built in 2005, as a replica of the "turn of the century" mansions along Heights Boulevard. This property has excellent drive-by and curb appeal on Heights Blvd., a high traffic count street.

ASHFORD TANGLEWOOD

The Ashford Tanglewood Apartments, is a two story, garden-style, apartment community located in the Alamo Heights submarket of San Antonio, Texas. The asset was built in 1972 and per owner, renovations began in 2017. Residents enjoy ample amenities which include: 2" wood blinds, kitchen pantries, upgraded ceiling fans and fixtures, laundry facilities, patios and balconies, covered parking (not being charged for presently) and walk-in closets. There are stainless steel appliances and/or granite countertops in some units.

PARKER BUILDING

The Parker Office Building is located in Port Arthur, Texas and was constructed in 1979. The property enjoys great access to I-45. The building is currently 60% occupied.

The property is located in an area that used to have a lot of medical tenants, but some of them have moved away. The property caters mostly to small users who only rent an office or two. Ideal location to put in a secretarial service to assist the tenants.

This is an attractively priced asset.

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