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2120 El Paseo St - One Montreal Place
589 - 789 SF Flex Condo Units Offered at $139,234 - $156,110 CAD Per Unit in Houston, TX 77054
Investment Highlights
- Medical Center area
- Great bedroom open floorplans/private covered parking
- Very walkable to the NRG stadium and the medical center
Executive Summary
Here is a chance to buy three codo's that are rented. They are on one and two year leases. The medical enter area is very sought after by students and employee's. The units stay full and have the potential for due medium rentals.(Traveling Nurse or Dr. programs). All three units are 2nd story and overlook the pool and tennis courts. All units have been upgraded to include new floor, windows doors and kitchen countertops.
Property Facts
| Price | $139,234 - $156,110 CAD | Floors | 2 |
| Unit Size | 589 - 789 SF | Typical Floor Size | 1,000 SF |
| No. Units | 3 | Year Built | 1982 |
| Total Building Size | 2,000 SF | Lot Size | 20.83 AC |
| Property Type | Multifamily | Parking Ratio | 1.5/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $139,234 - $156,110 CAD |
| Unit Size | 589 - 789 SF |
| No. Units | 3 |
| Total Building Size | 2,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,000 SF |
| Year Built | 1982 |
| Lot Size | 20.83 AC |
| Parking Ratio | 1.5/1,000 SF |
| Opportunity Zone |
Yes |
3 Units Available
Unit 1808
| Unit Size | 589 SF | Cap Rate | 7.58% |
| Price | $139,234 CAD | NOI | $10,548.00 CAD |
| Price Per SF | $236.39 CAD | No. Parking Spaces | 3 |
| Condo Use | Flex | Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment | APN/Parcel ID | 1150040240019 |
| Unit Size | 589 SF |
| Price | $139,234 CAD |
| Price Per SF | $236.39 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 7.58% |
| NOI | $10,548.00 CAD |
| No. Parking Spaces | 3 |
| Sale Conditions | Bulk/Portfolio Sale |
| APN/Parcel ID | 1150040240019 |
Description
New granite counters in bathroom and kitchen, all new appliances, new flooring, new window and doors, new AC unit, painted
Sale Notes
Can purchase all 3 Condos for 348,000!
INCLUDES:
Unit 2204 - 789 SF
Unit 2419 - 588 SF
Unit 1808 - 588 SF
Unit 2419
| Unit Size | 589 SF | Sale Type | Investment |
| Price | $139,234 CAD | Cap Rate | 6.36% |
| Price Per SF | $236.39 CAD | NOI | $8,860.32 CAD |
| Condo Use | Flex |
| Unit Size | 589 SF |
| Price | $139,234 CAD |
| Price Per SF | $236.39 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| NOI | $8,860.32 CAD |
Description
New flooring, all new lighting, all new fans, all new appliances, granite counters and sinks. All new faucets, paint
Sale Notes
Can purchase all 3 Condos for 348,000!
INCLUDES:
Unit 2204 - 789 SF
Unit 2419 - 588 SF
Unit 1808 - 588 SF
Unit 2204
| Unit Size | 789 SF | Sale Type | Investment |
| Price | $156,110 CAD | Cap Rate | 6.00% |
| Price Per SF | $197.86 CAD | NOI | $9,366.62 CAD |
| Condo Use | Flex |
| Unit Size | 789 SF |
| Price | $156,110 CAD |
| Price Per SF | $197.86 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $9,366.62 CAD |
Description
New countertops and flooring, new windows, and doors, painted
Sale Notes
Can purchase all 3 Condos for 348,000!
INCLUDES:
Unit 2204 - 789 SF
Unit 2419 - 588 SF
Unit 1808 - 588 SF
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 3 | - | - |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Pool
- Tennis Court
-
Jeff Clark - JPAR
Presented by
JPAR
2120 El Paseo St - One Montreal Place
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