Value-Add Multifamily Apartment
For Sale
Contact for pricing
626 Greens Road, Houston, TX 77067
121-unit apartment community in Houston with documentation for underwriting, including rent roll, T-12, and restoration proposal.
Property Size92,400 SF
Price / SF$64.77
Days on Market52
Property Features for 626 Greens Road
General Information
Standard status
Active
Size
92,400 SF
Property subtype
Retail, Multifamily
Additional Details
Multifamily Units
121
Building Details
Year Built
1979
Listing Agency:
ZUZ REALTY
Listed By:
David Nissanian · License #10311201336 NY
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 12:34PM
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 ZUZ REALTY
Investment Insights
Based on property information with market context.
This 121-unit multifamily apartment community is being offered as a value-add, turnaround opportunity. The underwriting focus centers on continued lease-up, restoration efforts, interior finish enhancement, and operational stabilization to move the property toward normalized performance. The diligence package includes a current rent roll, T-12, P&L materials, interior photos, a DBI fire-loss estimate, and a contractor restoration proposal, supporting both underwriting and execution planning.
The property is located at 626 Greens Road in Houston, Texas 77067.
This offering is best suited for an experienced multifamily operator looking for scale in the Houston market and the ability to manage a multi-step repositioning approach. With the restoration scope and supporting documents included in the diligence package, qualified buyers can evaluate renovation needs, plan interior work, and structure leasing activity around the property’s current condition and rent roll information.
The property is located at 626 Greens Road in Houston, Texas 77067.
This offering is best suited for an experienced multifamily operator looking for scale in the Houston market and the ability to manage a multi-step repositioning approach. With the restoration scope and supporting documents included in the diligence package, qualified buyers can evaluate renovation needs, plan interior work, and structure leasing activity around the property’s current condition and rent roll information.
Key Highlights
- 121‑unit apartment community in Houston, TX
- Built in 1979
- Value‑add/turnaround package includes current rent roll, T‑12, and P&L
Property Analytics
Property Profile
Current Use
Lease Details
121
Residential units
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 77067, TX
31,729
Population
11,072
Households
2.9
Avg Household Size
31
Median Age
12%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
5,566
Density / Sq Mi
$51,278
Median Household Income
$33,287
Median Earnings
$1,138
Median Rent
$174,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 121-unit apartment community in Houston with documentation for underwriting, including rent roll, T-12, and restoration proposal.
Where is this apartment building located?
The property is located at 626 Greens Road Houston, TX.
What is the asking price?
The asking price for this property is $5,985,000.
What are key features of this property?
This property features: 121‑unit apartment community in Houston, TX; Built in 1979; Value‑add/turnaround package includes current rent roll, T‑12, and P&L
