2708 Oakcliff St Houston, TX 77023
Seven-unit apartment complex near Downtown Houston, 100% occupancy.
Lot size:
0.11 AcresProperty Features for 2708 Oakcliff St
General Information
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1956
Source:
Elliman
Listing Agent: Lyndsey Le
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Multifamily Investment Opportunity
This is an investor opportunity to acquire a fully leased seven-unit apartment complex. The property features four two-bedroom units and three one-bedroom units. It is to be sold together with another seven-unit complex at 2712 Oakcliff Drive. The property is currently at 100% occupancy. Located inside the 610 Loop, the property is situated minutes from Downtown, Texas Medical Center, and the University of Houston, with convenient access to major freeways. The property was remodeled in 2018, and the exterior is scheduled to be repainted soon. There are four units on annual leases, with the remainder occupied by long-term, month-to-month tenants. Additional income is generated from an on-site coin-operated laundry. Most tenants have been in place for over three years. This property offers strong upside potential in a high-demand rental area of Houston.
Location Intelligence
Current Use by Public Records
Entrust Energy
Electric Utility Company
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.319133
- Latitude
- 29.711812
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit apartment complex near Downtown Houston, 100% occupancy.
Where is this apartment building located?
The property is located at 2708 Oakcliff St Houston, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Fully leased 7-unit apartment complex (plus another 7-unit complex) with 100% occupancy.; - Prime location inside 610 Loop, near Downtown, Texas Medical Center, and University of Houston.; - Remodeled in 2018.