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Kempwood Place Townhomes 8800-8888 Kempwood Dr 36 Unit Apartment Building For Sale Houston, TX 77080



EXECUTIVE SUMMARY
Kempwood Place Townhomes presents a rare and compelling opportunity for multifamily investors to acquire a portfolio of 36 individually titled townhomes in Houston's highly sought-after Spring Branch submarket. With over 37 years of stable ownership and the option to assume an attractive 3.5% loan featuring approximately 3 years of interest-only payments remaining, this asset offers immediate financial upside and long-term value.
Strategically located across from Edgewood Elementary School within the acclaimed Spring Branch ISD, the property is ideally suited for families, enhancing tenant retention and demand. Each spacious 3-bedroom, 2.5-bath unit caters to the needs of today's renters, while proximity to major employment hubs-including the Energy Corridor and Westchase District-further strengthens the investment's appeal.
Residents benefit from unparalleled access to premier retail, healthcare, and lifestyle destinations such as Memorial City Mall, Memorial Hermann Memorial City Hospital, CityCentre, and Town & Country Village, along with a wide array of grocery, dining, and entertainment options-all within minutes of the property.
In 2015, ownership invested significantly in capital improvements, enhancing both the interior and exterior appeal of the townhomes. Upgrades include granite countertops, stainless steel appliances, gas stoves, microwaves, new cabinetry, ceramic tile backsplashes, new tubs and surrounds, undermount sinks, modern lighting, fixtures, and hardware, full window replacements, full-size washers and dryers, and ring camera installations for added security.
Kempwood Place Townhomes combines location, quality, and financial flexibility-making it a standout investment opportunity in one of Houston's most resilient and growing neighborhoods.
Strategically located across from Edgewood Elementary School within the acclaimed Spring Branch ISD, the property is ideally suited for families, enhancing tenant retention and demand. Each spacious 3-bedroom, 2.5-bath unit caters to the needs of today's renters, while proximity to major employment hubs-including the Energy Corridor and Westchase District-further strengthens the investment's appeal.
Residents benefit from unparalleled access to premier retail, healthcare, and lifestyle destinations such as Memorial City Mall, Memorial Hermann Memorial City Hospital, CityCentre, and Town & Country Village, along with a wide array of grocery, dining, and entertainment options-all within minutes of the property.
In 2015, ownership invested significantly in capital improvements, enhancing both the interior and exterior appeal of the townhomes. Upgrades include granite countertops, stainless steel appliances, gas stoves, microwaves, new cabinetry, ceramic tile backsplashes, new tubs and surrounds, undermount sinks, modern lighting, fixtures, and hardware, full window replacements, full-size washers and dryers, and ring camera installations for added security.
Kempwood Place Townhomes combines location, quality, and financial flexibility-making it a standout investment opportunity in one of Houston's most resilient and growing neighborhoods.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 36 | Building Size | 52,164 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1978/2016 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 52,164 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2016 |
AMENITIES
UNIT AMENITIES
- Balcony
- Oven
- Walk-In Closets
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 36 | - | 1,449 |
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Kempwood Place Townhomes | 8800-8888 Kempwood Dr
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