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Wood Bayou Apartments 12380 Wood Bayou Dr 36 Unit Apartment Building For Sale Houston, TX 77013
Investment Highlights
- Ability to Increase Rental Income Through Continuation of Market Rate Conversion
- Robust Employment Base Nearby in Diverse Industries
- Well-Maintained Asset with Large Units and Private Garages
- Close Proximity to Port of Houston, the Nation’s Largest Exporter, Supporting 1.54 Million Jobs
Executive Summary
Newmark has been exclusively retained to represent the Seller in the disposition of Wood Bayou (Offering, Property). All inquiries about the Offering or the Property should be directed to Newmark.
Visit the website and sign agreement here:
https://properties.nmrk.com/12380-wood-bayou-drive-houston-sale
Visit the website and sign agreement here:
https://properties.nmrk.com/12380-wood-bayou-drive-houston-sale
Property Facts
| Sale Type | Investment | Lot Size | 7.16 AC |
| No. Units | 36 | Building Size | 179,500 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1998 |
| Building Class | B | Parking Ratio | 0.31/1,000 SF |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.16 AC |
| Building Size | 179,500 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1998 |
| Parking Ratio | 0.31/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 20 | - | 1,150 - 1,254 |
| 4+2.5 | 16 | - | 1,425 - 1,514 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1191320000001 | Improvements Assessment | $1,741,689 CAD |
| Land Assessment | $1,107,370 CAD | Total Assessment | $2,849,059 CAD |
Property Taxes
Parcel Number
1191320000001
Land Assessment
$1,107,370 CAD
Improvements Assessment
$1,741,689 CAD
Total Assessment
$2,849,059 CAD
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Wood Bayou Apartments | 12380 Wood Bayou Dr
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