Houston Market Trends

Overview of the Houston Market

More

Maps

Overview location maps for properties being marketed by KET Enterprises are shown in this section.

More

Cambury Place

RECENT FORECLOSURE - CLEAN ASSET WITH UPSIDE POTENTIAL! Cambury Place is a 160 unit, brick and wood, garden-style, apartment property located in north Houston, in the FM1960/Cranbrook submarket. This 1984 vintage project is in very good condition and boasts a high amenity package. In 2007, the owner completed a major rehab consisting of all new 40-year roofs, paint, siding, carports,and a new monument sign. According to management, there are 10 down units. Possible condo conversion. Available "All Cash" or with a new loan. Asking $20,500 per unit ($28.27/sq.ft.).

More

Fairfield Cove

RECENT FORECLOSURE - NEARLY STABILIZED. Attractive, uniquely landscaped, 135 unit, 1983 vintage, brick and Hardi-Plank multi-family property located in far north Houston near Spring, TX. Occupancy is 88% as of 2/3/10. Excellent access to the Woodlands, 1960, Greenspoint and Willowbrook. New roofs in the last few months. 32 burned units have been razed (including slab) and the vacant area is being redeveloped into a jogging trail/picnic area. All Cash. $30,370 per unit ($40.98/sq.ft.) Good upside potential, post upgrades and stabilization. A Confidentiality Agreement is available for download and is required to view financial documents. Please fax to 713-355-4331.

More

Summerfield

EXCELLENT CASH FLOW! Summerfield is a newly renovated, very clean, 110 unit, 1970 vintage, garden-style apartment property located in southwest Houston on Gessner south of Bellaire. The owner has spent over $350,000 on rehab including new roofs in 2006 and new boilers in 2007/2009. The property sustained no roof damage from Hurricane Ike. This property is ideal for the small investor and will be an excellent cash flow candidate for many years to come. Asking $24,545/unit ($27.56/sf).

More