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Turnkey OffMarket: 4706 Yellowstone Blvd, Houston TX 77021 Houston

$1,890,000
Property type: Turnkey Off-Market

The space

  • 25 Units:

Description

Excellent turnkey property with great amenities and outstanding location!
Property’s neighborhood is influenced by the presence of the University of Houston Main Campus, located just 1.5 miles away northwest from property. The University of Houston is a tier one research university which offers over 300 degrees and programs with award-winning faculty, and is the third-largest university in Texas with nearly 43,000 students.
Other major city trademarks nearby include: from Downtown Houston, Medical Center, and NRG Park (Home to the Houston’s Texans) among others. The apartments are conveniently positioned near major freeway system.
The immediate area surrounding the property has experienced close to 10% population growth year after year since 2010, thus representing an excellent opportunity for property owners in this area.
Current ownership has upgraded all exterior amenities and most of the units inside. Upper end/luxury materials a on upgraded units with vinyl flooring, granite counter tops, upscale paint finishes, etc. Property has a built in leasing office that facilitates management of the property! It also has Laundry Room which represents another source of income. A brand new playground was built inside the gated community which welcomes families and children!
Buyer will have to assume existing loan at 4.2% interest 10yr fix 30yr term.
Please call Joel at 713.458.8686 for more details. Please emails us for financial information at Boris@sanmore.com