2811 Broad Street Active

Houston,TX 77087

$ 3500000

- Bed

- Bath

26234 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 26,234 sqft

Price per Sqft $133

Subdivision Oak Acres

MLS Listing ID 20603077

Total Fin. Sqft 26234

Year Built 1964

Lot Size 0.918 Acres

Acres 0.9183

Property Description

Great value-add multifamily property just south of Downtown Houston. 36 units plus 5 additional income producing units. Mix of studios, one, bedrooms and two bedroom units. This property has received over $268,000 in upgrades in the last year. Many repairs have been completed by current ownership including upgrading many interiors, new sewer line, some hot water heaters replaced, upgraded laundry room and so much more. Ownership group intends to 1031 into a larger complex to be identified.

Location

State TX

County Harris

Zoning Multi Family Dwelling

Direction GPS - Head Southeast on on Gulf FWY towards Myrtle St. Turn Right onto Myrtle St. Continue straight onto Broad St. Property will be on the left.

Interior

Heating Other

Cooling Other

Flooring Carpet,Luxury Vinyl Plank

Heat Source Other

Exterior

Utilities Available See Remarks

Roof Type Composition

Garage No

Building

Foundation Slab

Structure Type Wood

Others

Ownership TXH Broad LLC

Acceptable Financing 1031 Exchange,Cash,Conventional,Other

Listing Terms 1031 Exchange,Cash,Conventional,Other

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