25-Unit Multifamily Investment
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9733 Neuens Rd, Houston, TX 77080
25-unit multifamily property in Houston's Spring Branch submarket.
Property SizeContact for details
Days on Market207
Property Features for 9733 Neuens Rd
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Site & Location
Neighborhood
Pine Village
Amenities
More than $450,000 invested in capex over the past 3 years, including renovated interiors, new windows throughout, resurfaced asphalt, new electrical panels, a new storage shed, security cameras, upgr
Well-balanced unit mix with a studio loft, six one-bedroom units, and eighteen two-bedroom units, catering to a broad tenant base.
One hundred percent occupancy provides immediate stability and in place cash flow for a new owner.
Variety of interior updates already completed with proven rent premiums, demonstrating clear demand for renovated units.
Located in one of Houston's most desirable submarkets with strong long-term fundamentals and continued growth.
Building Details
Units
25
Listing Agency:
Houston Office
Listed By:
Andrew Nash · License #License(s): TX: 815711
(713) 452-4335
Source:
Marcusmillichap
Added: Apr 3
Changed: Oct 23
Last Checked: Oct 24 at 1:30PM
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 Houston Office
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Investment Insights
Based on property information with market context.
The Pine Village Apartments, constructed in 1961, is a 25-unit multifamily community located in Houston, Texas. The property is situated in the Spring Branch submarket, a sought-after rental corridor. The unit mix includes one studio loft, six one-bedroom units, and eighteen two-bedroom units. Interior unit updates have already achieved rent premiums, with additional upside possible through renovations of the remaining classic units. The property is currently 100 percent occupied, offering immediate stability and cash flow. Further rent increases are projected through updating the remaining classic units. Community amenities include covered parking, an on-site laundry facility, and a landscaped gazebo and grilling area. The property is located directly across the street from Spring Woods Middle School and Pine Shadows Elementary School, benefiting from consistent renter demand due to its proximity to schools and location within a desirable neighborhood. The property offers a value-add opportunity to increase rents by updating the remaining classic units, with projected rent premiums of $100+ per unit.
Key Highlights
- Located in the highly desirable Spring Branch submarket of Houston, a consistently sought‑after rental corridor.
- Currently 100 percent occupied, providing immediate stability and in‑place cash flow.
- Clear value‑add opportunity to increase rents by renovating remaining classic units, with projected rent premiums of $100+ per unit.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
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Business Placement
Demographics for 77080, TX
45,428
Population
17,394
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
68%
High-School Grad
6.4 sq mi
ZIP Area
7,098
Density / Sq Mi
$63,056
Median Household Income
$33,658
Median Earnings
$1,253
Median Rent
$311,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - 25-unit multifamily property in Houston's Spring Branch submarket.
Where is this apartment building located?
The property is located at 9733 Neuens Rd Houston, TX.
What are key features of this property?
This property features: Located in the highly desirable Spring Branch submarket of Houston, a consistently sought‑after rental corridor.; Currently 100 percent occupied, providing immediate stability and in‑place cash flow.; Clear value‑add opportunity to increase rents by renovating remaining classic units, with projected rent premiums of $100+ per unit.
