MISS CAR WASH is located in the U of H/I-45 South submarket of southeast Houston, Texas. The property rests on approximately 33,471 sq.ft. and was constructed in 2001. HCAD reports that the property was remodeled in 2014. Per owner, the carwash generates an average of $50,000 per month and an estimated $10,000 of that is from monthly memberships($50/month). Expenses average $3,000 per month and include water, electricity, trash removal and phone.
2300 Park Street Apartments is a two story, garden style, 20 unit apartment building located at 2300 Park Street in the Montrose area of Houston, Texas. It contains approximately 12,533 square feet of rentable area and was built in 1966. It is located in the Neartown-Montrose neighborhood. The asset is nestled in a quiet, established, residential neighborhood with an abundance of old oak trees and yesteryear charm.
427 W 16th Street Apartments is a 28 unit apartment complex in the historic Heights area. The complex is comprisesd of 1 building with a total of 18,415 net rentable square feet. There are10 1-bedroom/1-bath units and 18 2-bedroom-1-bath units.
The property received a beautiful renovation in 2013.
The 4300 Rosslyn Apartments is a two story, garden-style, apartment community located in the Garden Oaks submarket of Houston, Texas. The asset was built in 1961 and per owner was remodeled in 2017-2018. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies and spacious closets.
The owner did a complete rehab down to the studs including all new wiring, plumbing, thermal pane windows, TPO roof, HVAC, new cabinets, quartz countertops, new doors, hardware, fixtures and faux flooring.
7614 is a two story apartment community located in the Gulf Freeway submarket in Houston,Texas. The asset was built in 1971.
Property has a new roof, new plumbing, and updated electrical. The property appears to be in very good condition (please verify).
Southwest Airlines has built an international terminal at Hobby Airport. This has reportedly added approximately 10,000 new jobs to the Houston economy.
The property should be ideal for a smaller owner/operator.
Portofino Landing is a three story, 464 unit, garden-style, apartment community, located in north Houston.
Champions Creek apartment homes is an 80 unit, 2016 vintage, two-story asset located in the Willowbrook/Champions sub-market. The property has 16, two-story, garden -style buildings with wood frames, stucco and fibercement siding exteriors, and pitched roofs.
Ellington Court Apartments located at 201 Ellington Street in Nacogdoches, Texas, is a 36 unit luxury apartment property. The property consists of 1 and 2 bedroom apartments with amenities such as 9' ceilings, crown moldings, ceiling fans in the living area and bedrooms, window blinds, private patios/balconies, outside storage area, breakfast bar area, pantries and fully equipped kitchens with new appliances.
The Enid St Apartments, is a two story, apartment community located in the Heights submarket of Houston,Texas. The Heights is a gentrifying neighborhood in near north Houston. Rents in the area for heavily rehabbed properties are very strong, as high at $1.80/ft!
Currently there are no leasing concessions. Per owner, the property started leasing early May, 2018.
One buliding is all brick, the other is Hardie Plank.
Willow Creek Manor is a two story, 128 unit, garden-style, apartment community, located in Alvin, TX, in Brazoria County just south of Houston.
The asset appears to be in very good condition with 5 year old roofs and boilers installed in 2006, along with full exterior paint of the stucco, siding and Hardie exterior. Residents enjoy spacious 1, 2 and 3 bedroom floor-plans.
The area is growing with new retail, dining and employment coming up everywhere. Willow Creek Manor offers an investor the opportunity to add value through property management and oversight.