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32-Unit Apartment Complex Investment

107 Oak Park Dr, Clute, TX 77531

For Sale
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Well-maintained 32-unit apartment complex in a rapidly growing area.

Property Size32,121 SF
Price / SF$93.09
Days on Market240

Property Features for 107 Oak Park Dr

General Information

Standard status Active
Size 32,121 SF
Property subtype Multifamily
Zoning PPP
Occupancy 50%

Building Details

Year Built 2013
Buildings 2
Stories 2
Units 32
Listing Agency: Birdsong Real Estate
Listed By: Lucy Ware · License TX #0459855
Source: Crexi
Added: Mar 16 Changed: Oct 30 Last Checked: Nov 8 at 8:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Birdsong Real Estate

Rey
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Investment Insights

Based on property information with market context.

This is a 32-unit apartment complex located at 107 Oak Park Dr., Clute, TX 77531. The property is positioned in a rapidly growing corridor with access to Hwy 288. This multifamily asset is situated in a thriving rental market, offering stability and potential for future appreciation. The property features ample onsite parking and a fully fenced perimeter. There is an expansive lot behind the complex suitable for future development. The buildings are in excellent condition, reflecting consistent care and upkeep, which allows investors to step into a property that is performing well while still offering room to elevate value. The property size is 32121 square feet.

Key Highlights

  • 32‑unit apartment complex in a rapidly growing area
  • Excellent condition, well‑maintained buildings (built in 2013)
  • Effortless access to Hwy 288

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 77531, TX

15,666
Population
7,502
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
83%
High-School Grad
11.7 sq mi
ZIP Area
1,339
Density / Sq Mi
$71,583
Median Household Income
$40,817
Median Earnings
$1,217
Median Rent
$236,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 32-unit apartment complex in a rapidly growing area.
Where is this apartment building located?
The property is located at 107 Oak Park Dr Clute, TX.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 32‑unit apartment complex in a rapidly growing area; Excellent condition, well‑maintained buildings (built in 2013); Effortless access to Hwy 288
(979) 292-9308 Call to check price and availability
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