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Property profile & analytics
OFF-MARKET
Garden apartment buildings
301 Benmar Dr 466 Houston, TX 77060-2905
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1768808
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1977
Construction
BRICK
Total area
23,352 SF
Lot
14.26 ac (621,092 SF)
APN
1086180000003
UPID
US82-1768808
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
Current use
Occupant on record · Public records
-
Cherry New Apartment 218 Apartment Building
-
Casita Apartment Complex
-
PattyDecoArtes&Mas Shopping Center & Mall
-
Party Rent & PattyDecoArte'S & Mas / tables / chairs / decoration / jumper / tents and much more ... Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Amg Cityview 2 LLC · 10 yrs held
Amg Cityview 2 LLC
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$270,486
Tax year 2022
Assessed value
$14,640,284
Assessed 2024
Previous assessed
$23,280,058
-37.1% YoY
Effective rate
1.85%
On assessed value
Assessed land
$2,832,799
Assessed improvement
$11,807,485
Land market value
$2,832,799
Improvement market value
$11,807,485
Total market value
$14,640,284
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1977
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
22
Stories
2
Rooms
1
Bathrooms
1
Total area
23,352 SF
Lot
14.26 ac (621,092 SF)
APN
1086180000003
UPID
US82-1768808
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
22
Rooms
1
Bathrooms
1
Lot
14.26 ac
Current owner
From public records · entity-resolved
Amg Cityview 2 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
143 MNR LK ESTS DR, SPRING, TX 77379-3722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2023
—
Rockridge2016 LLC
—
Deed
related
$3,200,000 · Accelerfl LLC
Nov 1, 2019
—
Rockridge2016 LLC
—
Grant Deed
related
$42,375,000 · Societe Generale Financial Corporation
Dec 30, 2015
—
Amg Cityview 2 LLC
214-7 Cvp Holdings LP
Grant Deed
related
—
Jul 7, 2010
$70,739,152
214-7 Cvp Holdings LP
Dasigenis Sandy
Trustees Deed
related
—
Jul 14, 2006
—
Cityview Apartments Assocs
Cityview Apartments Assocs
Quit Claim Deed
related
$60,260,000 · Cibc INC
Apr 15, 2005
—
Cityview Apartments Assocs
W9/gpt Real Estate
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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