DEL SOL APARTMENTS
3501 25th Ave North, Texas City, Tx 77590
DEL SOL is an excellent opportunity for an investor to purchase 152 Units in the Texas City sub‐market of Houston. Texas City is home to many petroleum refineries and the Texas Industrial Complex (approximately 3 miles from the property) houses some of the largest names in the chemical industry.
The Del Sol Apartment Community was rehabbed in 2014. The rehab consisted of exterior upgrades/repairs as well as an interior upgrade to 111 units. Continued interior upgrades should allow for upside in the rents of the units that have not been upgraded. The roofs were replaced in early 2010.
The property is located on a major thoroughfare of the area Hwy 197 / 25th st N. It is approximately .3 miles east of TX‐146, 2.2 miles east of TX‐3 / Old Galveston Rd and 3.8 miles east of I‐45.
Tom Wilkinson has performed real estate marketing serves for institutional and individual investors since 1972. He has a BA in Mathematics from Rice University and an MBA in Real Estate Investments from the University of Texas. In addition to brokering real estate, Tom previously owned and operated more than 80 properties. Tom has successfully marketed properties for and to dozens of individual, business and institutional sellers and buyers, including REO properties for the RTC, FNMA and FreddieMac.