42-Unit Apartment
For Sale
$2,995,000
911 University Ave, Huntsville, TX 77320
Built in 1971, Blue Sky Apartments offers 42 units with air conditioning, ceiling fans, and an on-site 24-hour laundry facility.
Property Size29,812 SF
Days on Market158
Property Features for 911 University Ave
General Information
Standard status
Active
Size
29,812 SF
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.97%
Multifamily Units
42
Amenities
courtyard
open parking
24-hour on-site laundry facility
air conditioning
ceiling fans
tub-shower combinations
tile flooring
Close distance to Sam Houston State University
Stable Rental Demand
•Value-Add Potential
Building Details
Building Size
29,812 SF
Year Built
1971
Units
42
Tenancy
Multi
Listing Agency:
Austin Office
(512) 338-7800
Listed By:
Kent P. Myers · License #TX: 0561047
(512) 338-7853
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Jul 23 at 6:03PM
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 Austin Office
Investment Insights
Based on property information with market context.
Blue Sky Apartments is a well-maintained 42-unit apartment community built in 1971. The property includes a serene courtyard, open parking, and a 24-hour on-site laundry facility. Each apartment home is equipped with air conditioning and ceiling fans, and features tub-shower combinations and durable tile flooring.
The community is positioned off Highway 190 with direct access to Interstate 45, providing connectivity to Houston and the Huntsville area. Its proximity to Sam Houston State University is intended to support consistent housing demand, with nearby retail, dining, and recreation.
From an operating standpoint, the units share a consistent amenity and finish package centered on comfort and easy maintenance, supported by the property’s on-site laundry and common outdoor courtyard setting.
The community is positioned off Highway 190 with direct access to Interstate 45, providing connectivity to Houston and the Huntsville area. Its proximity to Sam Houston State University is intended to support consistent housing demand, with nearby retail, dining, and recreation.
From an operating standpoint, the units share a consistent amenity and finish package centered on comfort and easy maintenance, supported by the property’s on-site laundry and common outdoor courtyard setting.
Key Highlights
- Blue Sky Apartments built in 1971 featuring 42 units
- Units include air conditioning, ceiling fans, tub/shower combinations, and tile flooring
- Serene courtyard and open parking for residents
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Explore this area
Business Placement
Demographics for 77320, TX
37,325
Population
12,135
Households
3.1
Avg Household Size
42
Median Age
15%
College-Educated
81%
High-School Grad
343.6 sq mi
ZIP Area
109
Density / Sq Mi
$51,765
Median Household Income
$37,041
Median Earnings
$975
Median Rent
$174,400
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 - Built in 1971, Blue Sky Apartments offers 42 units with air conditioning, ceiling fans, and an on-site 24-hour laundry facility.
Where is this apartment building located?
The property is located at 911 University Ave Huntsville, TX.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Blue Sky Apartments built in 1971 featuring 42 units; Units include air conditioning, ceiling fans, tub/shower combinations, and tile flooring; Serene courtyard and open parking for residents
