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23-Unit Apartment Building
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1208 N Chenango, Angleton, TX 77515

Fully leased multifamily property with master-metered utilities and submeter-compatible building systems.

Property Size15,172 SF
Price / SF$145
Days on Market64

Property Features for 1208 N Chenango

General Information

Standard status Active
Size 15,172 SF
Property subtype Multifamily
Occupancy 91%
Net Operating Income $108,876

Additional Details

Asking Price $2,200,000
Utilities to Site Yes
Multifamily Units 23

Building Details

Year Built 1960
Year Renovated 2024
Buildings 3
Stories 2
Units 23
Tenancy Multi
Listing Agency: Partners
Listed By: Ryan DeGennaro · License #TX 9004042
Source: Crexi
Added: Jun 30 Changed: Aug 31 Last Checked: Aug 31 at 11:07PM

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 Partners

Investment Insights

Based on property information with market context.

This 23-unit apartment property contains 15,172 square feet and is fully leased. The building is master-metered, with the owner currently responsible for utility service across all units. Plumbing and electrical systems are compatible with individual utility meters, allowing a future metering upgrade without demolition, replumbing, or rewiring according to the property information.

The asset is located at 1208 N Chenango in Angleton, Texas. Its existing configuration combines apartment units with building systems designed to support separate utility metering. The property is offered as a multifamily asset with current occupancy and an established physical layout.

Key Highlights

  • 23‑unit apartment property
  • 15,172 square feet
  • Fully leased

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 77515, TX

32,710
Population
13,127
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
204.5 sq mi
ZIP Area
160
Density / Sq Mi
$89,029
Median Household Income
$48,097
Median Earnings
$1,024
Median Rent
$210,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with master-metered utilities and submeter-compatible building systems.
Where is this apartment building located?
The property is located at 1208 N Chenango Angleton, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 23‑unit apartment property; 15,172 square feet; Fully leased
(713) 316-7059 Call to check price and availability
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