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    15311 Vantage Pkwy Houston, TX 77032

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    For Sale
    Contact for pricing

    28-Unit Apartment Complex, Near Completion

    Property size:
    16,739 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional multifamily investment opportunity presents a 28-unit apartment building located at 15311 Vantage Pkwy E, Houston, TX 77032, in Harris County. The property boasts a total of 16,739 square feet of building space situated on a generous 24,369 square foot lot. Currently under construction, this property is projected to be completed within approximately two months. The unit mix includes 20 king-sized rooms and 8 double rooms, providing a diverse range of accommodation options. In addition to the rentable units, the property includes a three-bedroom manager's apartment and a one-bedroom assistant manager's apartment. Its prime location on Beltway 8 ensures high visibility from the freeway, enhancing its appeal and accessibility. Upon closing, the seller will provide an occupancy certificate, facilitating a smooth transition for the new owner. The transaction is expected to close approximately two months after contract signing. This is a rare chance to acquire a nearly completed, high-visibility apartment building in a thriving Houston location. The property's size, unit mix, and convenient freeway access make it an attractive investment prospect with significant potential for strong rental income.

    Property Features for 15311 Vantage Pkwy

    General Information

    Property type
    Multifamily properties
    Square Feet
    16,739 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Baker Hughes Drilling Contractor Michael Hafenbrack, PT Physical Therapist Ahlers & Stoll Wealth ... Financial Planner Houston HIDTA Government Office Houston Fire Fighters ... Fire Station

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.362405
    Latitude
    29.939729

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    FAQs

    What type of property is this?
    Multifamily property - 28-Unit Apartment Complex, Near Completion
    Where is this multifamily property located?
    The property is located at 15311 Vantage Pkwy Houston, TX.
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    15311 Vantage Pkwy Houston, TX 77032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15311 Vantage Pkwy Houston, TX 77032
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