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Property profile & analytics
OFF-MARKET
Dormitories

1419 Avenue Huntsville, TX 77340

10,559 SF Built 2020
Property ID
US82-6077533
Property summary
AI-generated overview

This exceptional six-unit student housing property, located at 1419 Avenue N in Huntsville, Texas, presents a compelling investment opportunity. Built in 2020, the Class B multifamily complex boasts a total of 10,559 square feet. Each of the six units offers four bedrooms and four and a half bathrooms, comfortably accommodating students. Currently, the property enjoys an 83% occupancy rate. High-quality finishes are standard throughout, including granite countertops and stainless steel appliances—a refrigerator, microwave, and electric stovetop/oven are included in each unit. Further enhancing the appeal to students, a washer and dryer is provided in every unit. The property's strategic location, just 0.3 miles from the Sam Houston State University campus, ensures strong rental demand and consistent occupancy. With its modern amenities, desirable location, and current occupancy rate, this property represents a solid investment in the thriving Huntsville student housing market. The asking price is $2,075,000. The property is situated in Walker County, Texas, with a zip code of 77340.

Property profile
Verified
Property type Dormitories
Year built 2020
Total area 10,559 SF
UPID US82-6077533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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