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Portsmouth Portfolio 2 biens • Immeuble residentiel • Houston, TX
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Faits saillants de l'investissement
- Attractive Assumable Loan
- Amazing location with easy access to Upper Kirby, Rice University, TX Medical Center and The Museum District
- $106,000 Median Household Income within 1 Mile
Résumé de l'annonce
This is an exceptional opportunity to acquire two neighboring boutique multifamily assets—1903 (utilities included) and 1919 Portsmouth—in Houston’s sought-after Montrose neighborhood.
These well-located assets are minutes from Downtown, Midtown, the Texas Medical Center, Museum District, and Upper Kirby, offering amazing connectivity. The median household income is $106,000 within 1 mile! Hard corner location with access + parking on Portsmouth, Hazard & Norfolk.
Great Unit Mix with majority of units spacious 2-bedrooms, averaging ~ 920 SF. Rents are below renovated peers. There is strong upside through operational efficiencies including green energy upgrades such as water saving devices and contract service optimization plus moderate interior and exterior improvements. At today’s basis, the deal is projected to deliver favorable cash on cash returns.
These well-located assets are minutes from Downtown, Midtown, the Texas Medical Center, Museum District, and Upper Kirby, offering amazing connectivity. The median household income is $106,000 within 1 mile! Hard corner location with access + parking on Portsmouth, Hazard & Norfolk.
Great Unit Mix with majority of units spacious 2-bedrooms, averaging ~ 920 SF. Rents are below renovated peers. There is strong upside through operational efficiencies including green energy upgrades such as water saving devices and contract service optimization plus moderate interior and exterior improvements. At today’s basis, the deal is projected to deliver favorable cash on cash returns.
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Faits sur la propriété
| Condition de vente | Ventes de portefeuille | Nombre de propriétés | 2 |
| Taux de capitalisation | 7% | Individuellement en vente | 2 |
| Type de vente | Investissement | Taille totale du bâtiment | 55 966 pi² |
| Statut | Actif | Superficie totale du terrain | 1,18 AC |
| Condition de vente | Ventes de portefeuille |
| Taux de capitalisation | 7% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 2 |
| Taille totale du bâtiment | 55 966 pi² |
| Superficie totale du terrain | 1,18 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
1919 Portsmouth
1919 Portsmouth St, Houston, TX 77098 |
Immeuble residentiel | 30 904 pi² | 1965 | - |
|
1903 Portsmouth
1903 Portsmouth St, Houston, TX 77098 |
Immeuble residentiel | 25 062 pi² | 1964 | - |
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Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
Portsmouth Portfolio
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