1010 Jackson Avenue, Pasadena, TX 77506
Rio Soreno is a 42 unit, 2 story apartment community located in Pasadena, Texas. This garden style community consists of 1 and 2 bedroom, 1 bath apartments homes containing from 595 sq. ft. to 1,150 sq. ft. Amenities include vintage oversize living room, quaint dining room and a classic breakfast bar and gas ranges. Residents enjoy air conditioning and heating, ceiling fans, hardwood flooring, walk-in closets, and window coverings. Other amenities include an on-site laundry, guest parking, internet access, a relaxing courtyard and on-site parking.
Rio Soreno apartments is in close proximity to the petrochemical sector of Houston and Hobby Airport. The location provides easy access to 45 south, Downtown Houston, Beltway 8, employment centers, as well as fantastic nearby shopping and dining! The property is located in the Meadowbrook/Allendale submarket of Pasadena about one mile southof Hwy 225. The property offers residents a multitude of retail, restaurants, and employment options.
The property, built in 1958 has a maintenance room, laundry facility and boiler room with a courtyard in the center. The property is individually metered for electricity and individually metered for gas. Broker recommends implementation of a utility RUBS.
The owner spent approximately $412,000 in capex in 2018/19 on landscaping, paint, siding, plumbing, parking lot paving and striping. 14 units were updated, approximately 60% of the A/C's were replaced.
PLEASE CONTACT THE BROKER FOR OPERATING/FINANCIAL INFORMATION
Hashir Saleem is a licensed Texas Real Estate Broker involved in real estate marketing services for institutional and individual investors. Hashir holds a B.S. in Industrial Engineering from the University of Houston and an MBA from Rice University's Jones Graduate School of Business.