8330 Carvel | 8330 Carvel Ln
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8330 Carvel 8330 Carvel Ln
76 Unit Apartment Building $12,048,495 CAD ($158,533 CAD/Unit) 6.47% Cap Rate Houston, TX 77036
Investment Highlights
- Location is in the heart a bustling part of town with restaurants, shops ,hospital and retails
- Near Bus Stops
- Clean and Well Maintained
- Room For Rent Increase
Executive Summary
https://www.youtube.com/watch?v=HdSgz35l3Ds
OPEN HOUSE: Friday, December 13 at 11am-1pm.
Property is in an excellent shape, exterior and interior have been renovated. CapEX will be provided in a complete POSTNDA. there is a waiting line for units here...lack of inventory in SharpTown will keep vacancy to almost 3 percent at all time.
THE LOCATION IS PHENOMAL NEXT TO 3 SCHOOLS, TEMPLE, NEXT DOOR TO A CATHOLIC CHURCH. NO PARKING ISSUE. 2 MINUTES TO BELLAIRE FOOD STREET. DENSELY POPULATED. THERE IS ROOM FOR RENT TO BE RAISED AS ALL UNITS ARE LEASED 15 PERCENT BELOW MARKET PRICE. Contact The-Trinh and Ly Mai with the realty 844 843 8880. We do require potential buyers to complete an NDA process, email our team at info@therealtytexas.com.
3D tour is available in this link below.
https://360.khoihuynhphotography.com/tours/xVEEZO-DN
OPEN HOUSE: Friday, December 13 at 11am-1pm.
Property is in an excellent shape, exterior and interior have been renovated. CapEX will be provided in a complete POSTNDA. there is a waiting line for units here...lack of inventory in SharpTown will keep vacancy to almost 3 percent at all time.
THE LOCATION IS PHENOMAL NEXT TO 3 SCHOOLS, TEMPLE, NEXT DOOR TO A CATHOLIC CHURCH. NO PARKING ISSUE. 2 MINUTES TO BELLAIRE FOOD STREET. DENSELY POPULATED. THERE IS ROOM FOR RENT TO BE RAISED AS ALL UNITS ARE LEASED 15 PERCENT BELOW MARKET PRICE. Contact The-Trinh and Ly Mai with the realty 844 843 8880. We do require potential buyers to complete an NDA process, email our team at info@therealtytexas.com.
3D tour is available in this link below.
https://360.khoihuynhphotography.com/tours/xVEEZO-DN
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $12,048,495 CAD | Building Class | C |
| Price Per Unit | $158,533 CAD | Lot Size | 2.27 AC |
| Sale Type | Investment | Building Size | 71,620 SF |
| Cap Rate | 6.47% | Average Occupancy | 100% |
| No. Units | 76 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.54/1,000 SF |
| Apartment Style | Garden |
| Price | $12,048,495 CAD |
| Price Per Unit | $158,533 CAD |
| Sale Type | Investment |
| Cap Rate | 6.47% |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.27 AC |
| Building Size | 71,620 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.54/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Tile Floors
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Playground
- Pool
- Property Manager on Site
- Gated
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 725 |
| 2+1 | 16 | - | 955 |
| 2+1.5 | 28 | - | 980 |
| 3+2 | 12 | - | 1,200 |
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PROPERTY TAXES
| Parcel Number | 0933340000003 | Improvements Assessment | $8,153,414 CAD |
| Land Assessment | $627,006 CAD | Total Assessment | $8,780,420 CAD |
PROPERTY TAXES
Parcel Number
0933340000003
Land Assessment
$627,006 CAD
Improvements Assessment
$8,153,414 CAD
Total Assessment
$8,780,420 CAD
zoning
| Zoning Code | N/Ap, Houston (no zoning) |
| N/Ap, Houston (no zoning) |
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8330 Carvel | 8330 Carvel Ln
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