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Mimosa Studio Apartments 2414 Mimosa Dr 7 Unit Apartment Building $2,486,160 CAD ($355,166 CAD/Unit) Houston, TX 77019
Investment Highlights
- River Oaks area
- Income generating
- Redevelopment opportunity
Executive Summary
Rare consolidation opportunity in River Oaks: +/- 5,778 lot with income generating 7-unit multi-family building. Located on the same block as 40 curated mid-rise residences under development and million-dollar single family residences. What is your best and highest use for this property? Check out the property and the area! Please do not disturb the tenants. Buyer to obtain new survey and measure floor plans.
Surface areas, distances and other data based on seller-provided and/ or publicly available information. Buyer to independently verify.
Surface areas, distances and other data based on seller-provided and/ or publicly available information. Buyer to independently verify.
Property Facts
| Price | $2,486,160 CAD | Building Class | C |
| Price Per Unit | $355,166 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,775 SF |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| No. Units | 7 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.21/1,000 SF |
| Property Subtype | Apartment |
| Price | $2,486,160 CAD |
| Price Per Unit | $355,166 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,775 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.21/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 825 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0562460000009 | Improvements Assessment | $315,690 CAD |
| Land Assessment | $750,387 CAD | Total Assessment | $1,066,078 CAD |
Property Taxes
Parcel Number
0562460000009
Land Assessment
$750,387 CAD
Improvements Assessment
$315,690 CAD
Total Assessment
$1,066,078 CAD
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Mimosa Studio Apartments | 2414 Mimosa Dr
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