Log In/Sign Up
Your email has been sent.
Falcon Point 708 Alabama St 64 Unit Apartment Building For Sale Katy, TX 77494
Investment Highlights
- Full Value-Add Opportunity with Ability to Implement Full Upgrade Program
- Impressive Property Performance with Impressive Rent Growth and Occupancy Fundamentals
- Located in Both Waller and Fort Bend County
- Affluent Surrounding Demographics with High Nearby Home Values
- Adjacent to Katy High School and Zoned to Houston’s Top Ranked School District
Executive Summary
Newmark has been exclusively retained to represent the Seller in the disposition of Falcon Point (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/708-alabama-street-katy-sale
Visit the website and sign agreement here:
https://properties.nmrk.com/708-alabama-street-katy-sale
Property Facts
| Sale Type | Investment | Lot Size | 2.55 AC |
| No. Units | 64 | Building Size | 62,232 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Zoning | M | ||
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.55 AC |
| Building Size | 62,232 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | M |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Walk-In Closets
- Carpet
- Linen Closet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 757 |
| 2+1 | 32 | - | 904 |
| 2+2 | 16 | - | 1,000 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 16321 | Improvements Assessment | $2,408,945 CAD |
| Land Assessment | $1,296,866 CAD | Total Assessment | $3,705,811 CAD |
Property Taxes
Parcel Number
16321
Land Assessment
$1,296,866 CAD
Improvements Assessment
$2,408,945 CAD
Total Assessment
$3,705,811 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Falcon Point | 708 Alabama St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.