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9733 Neuens Rd, Houston, TX, 77080
25-Unit Multifamily Investment Opportunity

9733 Neuens Rd Houston, TX 77080

For Sale
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25-unit multifamily property in Houston's Spring Branch submarket.

Days on Market112

Property Features for 9733 Neuens Rd

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency: Houston Office
Listed By: Andrew Nash · License #License(s): TX: 815711
Source: Marcusmillichap
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 23 at 2:38AM

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


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

Property Profile Location Intelligence

Current Use by Public Records

Pine Village Boutique ... Apartment Complex

Suggested Use

Real Estate Agency Law Firm Hotel & Motel Skin Care Clinic Big Box & Wholesale Store Building Supply Cafe & Coffee Shop Garden Center (Bike/Boat/Book/etc) Store Dental Office

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

FAQs

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.
More about this property
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