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Casa Grande Apartments 8800 Gulf Fwy 62 Unit Apartment Building For Sale Houston, TX 77017

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INVESTMENT HIGHLIGHTS

  • Immediate access to I-45 (Gulf Freeway) — excellent connectivity for commuting and travel.
  • Suited for working professionals, airport employees, couples, small families, and long-term renters
  • On-Site Features: • Laundry facilities • Two landscaped courtyards • Covered meeting/gathering area • EV charging stations • Amazon package lockers
  • Nearby Destinations: William P. Hobby Airport (very close) • Downtown Houston (~10 mi) • Entertainment and dining options
  • New roof (2016)

EXECUTIVE SUMMARY

Casa Grande Apartments presents a compelling value-add investment opportunity with stable in-place occupancy and a well-located infill position along the Gulf Freeway corridor. The property offers upside through continued operational efficiencies and unit enhancements while benefiting from strong renter demand driven by proximity to I-45, Downtown Houston, and Hobby Airport.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment
No. Units 62
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.99 AC
Building Size 45,661 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1963/2023
Parking Ratio 1.45/1,000 SF
Zoning B1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Ceiling Fans
  • Crown Molding
  • Refrigerator
  • Walk-In Closets
  • Dining Room

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 35 - 675
2+1 21 - 798
2+1.5 6 - 859

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0642150000053
Land Assessment
$1,202,722 CAD
Improvements Assessment
$4,619,918 CAD
Total Assessment
$5,822,640 CAD
  • Listing ID: 39002141

  • Date on Market: 2026-01-07

  • Last Updated:

  • Address: 8800 Gulf Fwy, Houston, TX 77017

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