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Investment Highlights

  • Location
  • Lot size
  • Unobstructed views

Executive Summary

Unique Redevelopment Opportunity! Excellent location for a mid rise residential development with unobstructed, south facing views along Brays Bayou. This vintage 1953 2-story garden apartment consists of (24) 1 BR units and (8) 2 BR units. Near full occupancy as of June 2026. Centrally located with quick access to the Texas Medical Center, Galleria, West U, and Greenway Plaza neighborhoods make this an ideal property for redevelopment. Take advantage of the in-place rents while planning your next project!

Attachments

GlenArbor Flyer

Data Room Click Here to Access

Property Facts

Price $4,601,751 CAD
Price Per Unit $143,805 CAD
Sale Type Investment
No. Units 32
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Garden
Building Class C
Lot Size 0.99 AC
Building Size 25,756 SF
Average Occupancy 94%
No. Stories 2
Year Built 1953

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 - -
2+1 8 - -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0901520000017
Land Assessment
$4,195,793 CAD
Improvements Assessment
$307,920 CAD
Total Assessment
$4,503,713 CAD
  • Listing ID: 40834611

  • Date on Market: 2026-06-08

  • Last Updated:

  • Address: 3834-3838 Glen Arbor Dr, Houston, TX 77025

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