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Synott Square Apartments 9402 Synott Rd 108 Unité Immeuble d’appartements À vendre Houston, TX 77083
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Assumable Loan at 3.34% Interest Rate - Matures in 2031
- $2MM+ in Value Enhancement by Upgrading Remaining 102 Lightly Renovated Units
- 70% of the Units are 2-Bedrooms
- $118/Month Proven Premiums on Five Renovated Units
- Washer and Dryer Connections in Every Unit
- Assumable Property Insurance ($83,029.99/Year)
Résumé de l'annonce
Summary:
The Multifamily Group is pleased to present the exclusive opportunity to acquire Synott Square,
a compelling value-add multifamily investment located in Houston, Texas. Built in 1983, the property
comprises 108 units with an average unit size of 760 square feet. The community offers a
mix of one- and two-bedroom floor plans, with two-bedroom units representing approximately
70% of the unit mix (76 units).
Synott Square is currently 96% physically occupied, with economic occupancy averaging 91%
over the trailing 12 months and improving to 93% in recent months as collections strengthened
and delinquency declined. The property also has an assumable loan with a balance of approximately
$6,376,772, an interest rate of 3.34%, and a little under five years remaining on the
term, as well as the opportunity to assume the existing insurance policy, which was renewed in
November 2025 at an annual premium of approximately $83,030 ($768 per unit).
Location:
Synott Square is strategically located in West Houston, one of the city’s most established and
densely populated residential corridors. Positioned near the intersection of Highway-6 and the
Westpark Tollway, the property benefits from excellent connectivity to major employment centers
throughout the Energy Corridor, Westchase District, and Downtown Houston. Residents enjoy
convenient access to Interstate-69, and Beltway 8, allowing for easy commutes across the Houston
MSA.
The Multifamily Group is pleased to present the exclusive opportunity to acquire Synott Square,
a compelling value-add multifamily investment located in Houston, Texas. Built in 1983, the property
comprises 108 units with an average unit size of 760 square feet. The community offers a
mix of one- and two-bedroom floor plans, with two-bedroom units representing approximately
70% of the unit mix (76 units).
Synott Square is currently 96% physically occupied, with economic occupancy averaging 91%
over the trailing 12 months and improving to 93% in recent months as collections strengthened
and delinquency declined. The property also has an assumable loan with a balance of approximately
$6,376,772, an interest rate of 3.34%, and a little under five years remaining on the
term, as well as the opportunity to assume the existing insurance policy, which was renewed in
November 2025 at an annual premium of approximately $83,030 ($768 per unit).
Location:
Synott Square is strategically located in West Houston, one of the city’s most established and
densely populated residential corridors. Positioned near the intersection of Highway-6 and the
Westpark Tollway, the property benefits from excellent connectivity to major employment centers
throughout the Energy Corridor, Westchase District, and Downtown Houston. Residents enjoy
convenient access to Interstate-69, and Beltway 8, allowing for easy commutes across the Houston
MSA.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 3,95 AC |
| Nombre d’unités | 108 | Taille du bâtiment | 75 044 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 96% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | Jardin | Année de construction | 1983 |
| Classe d’immeuble | B | Ratio de stationnement | 2,15/1 000 pi² |
| Zonage | B1 | ||
| Type de vente | Investissement |
| Nombre d’unités | 108 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | B |
| Taille du lot | 3,95 AC |
| Taille du bâtiment | 75 044 pi² |
| Occupation moyenne | 96% |
| Nombre d’étages | 2 |
| Année de construction | 1983 |
| Ratio de stationnement | 2,15/1 000 pi² |
| Zonage | B1 |
Commodités
Commodités des unités
- Balcon
- Prêt pour le câble
- Lave-vaisselle
- Traitement des déchets
- Foyer
- Laveuse/Sécheuse
- Connexions pour laveuse/Sécheuse
- Chauffage
- Ventilateurs de plafond
- Walk-in
Commodités du site
- Accès 24 heures
- Terrain de jeu
- Piscine
- Gestionnaire d'immeuble sur place
- Clôturé
- Entretien sur place
1 1
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
60/100
Transports en commun limités
20/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 0471340000033 | Évaluation des bâtiments | 10 178 364 $ CAD |
| Évaluation du terrain | 855 456 $ CAD | Évaluation totale | 11 033 820 $ CAD |
Impôts fonciers
Numéro de lot
0471340000033
Évaluation du terrain
855 456 $ CAD
Évaluation des bâtiments
10 178 364 $ CAD
Évaluation totale
11 033 820 $ CAD
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Vidéos
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Photos
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Synott Square Apartments | 9402 Synott Rd
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