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Portsmouth Portfolio 2 biens | Immeuble residentiel | Houston, TX



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Informations principales sur l'investissement
- Attractive Assumable Loan
- Amazing location with easy access to Upper Kirby, Rice University, TX Medical Center and The Museum District
- $106,000 Median Household Income within 1 Mile
Résumé analytique
This is an exceptional opportunity to acquire two neighboring boutique multifamily assets—1903 (utilities included) and 1919 Portsmouth—in Houston’s sought-after Montrose neighborhood.
These well-located assets are minutes from Downtown, Midtown, the Texas Medical Center, Museum District, and Upper Kirby, offering amazing connectivity. The median household income is $106,000 within 1 mile! Hard corner location with access + parking on Portsmouth, Hazard & Norfolk.
Great Unit Mix with majority of units spacious 2-bedrooms, averaging ~ 920 SF. Rents are below renovated peers. There is strong upside through operational efficiencies including green energy upgrades such as water saving devices and contract service optimization plus moderate interior and exterior improvements. At today’s basis, the deal is projected to deliver favorable cash on cash returns.
These well-located assets are minutes from Downtown, Midtown, the Texas Medical Center, Museum District, and Upper Kirby, offering amazing connectivity. The median household income is $106,000 within 1 mile! Hard corner location with access + parking on Portsmouth, Hazard & Norfolk.
Great Unit Mix with majority of units spacious 2-bedrooms, averaging ~ 920 SF. Rents are below renovated peers. There is strong upside through operational efficiencies including green energy upgrades such as water saving devices and contract service optimization plus moderate interior and exterior improvements. At today’s basis, the deal is projected to deliver favorable cash on cash returns.
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Informations sur l’immeuble
| Condition de vente | Ventes de portefeuille | Nb de biens | 2 |
| Taux de capitalisation | 7 % | Individuellement en vente | 2 |
| Type de vente | Investissement | Surface totale de l’immeuble | 5 199 m² |
| Statut | Actif | Surface totale du terrain | 0,48 ha |
| Condition de vente | Ventes de portefeuille |
| Taux de capitalisation | 7 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 2 |
| Surface totale de l’immeuble | 5 199 m² |
| Surface totale du terrain | 0,48 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
1919 Portsmouth
1919 Portsmouth St, Houston, TX 77098 |
Immeuble residentiel | 2 871 m² | 1965 | - |
|
1903 Portsmouth
1903 Portsmouth St, Houston, TX 77098 |
Immeuble residentiel | 2 328 m² | 1964 | - |
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Présenté par
Portsmouth Portfolio
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