GATEWAY ON KIRKWOOD
4315 South Kirkwood Rd, Houston, Tx 77072
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.
Per Owner, $734,932 has been spent in CapEx (see summary attached, but this is not a detailed breakdown). Many units have granite counter tops. There is a storage room behind the garage in many units that was turned into and additional bedroom (with two doors). Four units have not yet been converted. The appliances are in generally good condition. Every unit has washer/dryer connections except for the one bedroom units.
Every unit has an individual title and individual hot water heaters and this property may be ideal to sell off individually as townhomes. The owners have had the property approximately four years.
The property is located close to the Westpark Toll Road, Beltway 8 and the Westchase District.
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.