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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- All Cash or New Loan
- Steadily Improving Area
- Possible Owner Financing
- Located in The Hwy 288 South Submarket Of Houston
- Blue Collar Tenant Profile
- Roofs Replaced in 2022 or 2015
RÉSUMÉ ANALYTIQUE
The Phlox Duplexes are located in the heart of the Hwy 288 S/Pearland West submarket of Houston. The asset was constructed in 1956 and has had some extensive rehab . Residents enjoy amenities and features which include walk-in closets, in unit washers and dryers and ceramic flooring in select units.
Owner estimated rehab: Heavy interior rehab: approx $21,400/unit
Heavy exterior rehab: approx $460,000/property
Phlox Duplexes is located in Sunnyside neighborhood in southern Houston, and per owner, is known as one of the most dangerous high crime areas in Houston. Because of this, the owner has not yet been able to find sufficient prospective residents that meet the standards to ensure the safety and wellbeing of the Phlox community. As part of efforts to boost the occupancy in the coming months, there have been ramped up efforts to reach qualified tenants using refined demographic targeting, including incentives tailored for renewals and referrals.
Nestled just eight miles south of Downtown Houston, residents of Sunnyside find its close proximity to city attractions and low cost of living attractive. The community borders the 610 Loop and is inside the Beltway 8, making it simple for locals to commute to work.
There’s definitely a suburban vibe to the area. Students of Sunnyside are zoned to the Houston Independent School District. Residents look forward to the amenities at Sunnyside Park, including the playground, sports courts, walking/biking trails, and the gym that’s located in the community center.
Owner estimated rehab: Heavy interior rehab: approx $21,400/unit
Heavy exterior rehab: approx $460,000/property
Phlox Duplexes is located in Sunnyside neighborhood in southern Houston, and per owner, is known as one of the most dangerous high crime areas in Houston. Because of this, the owner has not yet been able to find sufficient prospective residents that meet the standards to ensure the safety and wellbeing of the Phlox community. As part of efforts to boost the occupancy in the coming months, there have been ramped up efforts to reach qualified tenants using refined demographic targeting, including incentives tailored for renewals and referrals.
Nestled just eight miles south of Downtown Houston, residents of Sunnyside find its close proximity to city attractions and low cost of living attractive. The community borders the 610 Loop and is inside the Beltway 8, making it simple for locals to commute to work.
There’s definitely a suburban vibe to the area. Students of Sunnyside are zoned to the Houston Independent School District. Residents look forward to the amenities at Sunnyside Park, including the playground, sports courts, walking/biking trails, and the gym that’s located in the community center.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface de l’immeuble | 1 888 m² |
| Nb de lots | 28 | Occupation moyenne | 85% |
| Type de bien | Immeuble residentiel | Nb d’étages | 1 |
| Sous-type de bien | Appartement | Année de construction | 1956 |
| Style d’appartement | Avec jardin | Ratio de stationnement | 0,11/1 000 m² |
| Classe d’immeuble | C | Zone de développement économique [USA] |
Oui
|
| Surface du lot | 0,42 ha | ||
| Zonage | N/Ap, Houston | ||
| Type de vente | Investissement |
| Nb de lots | 28 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 0,42 ha |
| Surface de l’immeuble | 1 888 m² |
| Occupation moyenne | 85% |
| Nb d’étages | 1 |
| Année de construction | 1956 |
| Ratio de stationnement | 0,11/1 000 m² |
| Zone de développement économique [USA] |
Oui |
| Zonage | N/Ap, Houston |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Micro-ondes
- Chauffage
- Cuisine
- Réfrigérateur
- Baignoire/Douche
- Moquette
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- CVC contrôlé par l’occupant
- Recyclage
- Collecte d’ordures – Sur rue
- Détecteur de fumée
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TAXES FONCIÈRES
| Numéro de parcelle | 0771330080018 | Évaluation des aménagements | 847 462 € |
| Évaluation du terrain | 425 121 € | Évaluation totale | 1 272 584 € |
TAXES FONCIÈRES
Numéro de parcelle
0771330080018
Évaluation du terrain
425 121 €
Évaluation des aménagements
847 462 €
Évaluation totale
1 272 584 €
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Phlox Duplexes | 4201-4203 Phlox St
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