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42-Unit Apartment Community
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911 University Ave, Huntsville, TX 77340

Built in 1971, Blue Sky Apartments offers 42 units with air conditioning, ceiling fans, and an on-site 24-hour laundry facility.

Property Size29,000 SF
Price / SF$103.28
Days on Market160

Property Features for 911 University Ave

General Information

Standard status Active
Size 29,000 SF
Class C
Property subtype Multifamily
Occupancy 92%
Investment Type Value Add

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

Building Details

Year Built 1971
Units 42
Tenancy Multi
Listing Agency: THE CORP TEAM
Listed By: Kyle Heffron · License #0738496
Source: Crexi
Added: Apr 3 Changed: Sep 8 Last Checked: Sep 9 at 5:49AM

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 THE CORP TEAM

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.

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

Current Use

Autumn Terrace Apartments Apartment Complex Charles LLC Consultant king seals shoe ... Department Store

Suggested Use

Top Pick Dental Office Locksmith Skin Care Clinic Veterinary Clinic Home Appliance Store Electrical Service

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

42
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 77340, TX

35,020
Population
15,230
Households
2.3
Avg Household Size
29
Median Age
29%
College-Educated
89%
High-School Grad
213.1 sq mi
ZIP Area
164
Density / Sq Mi
$46,878
Median Household Income
$24,150
Median Earnings
$992
Median Rent
$229,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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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
More about this property
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