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$643,811 USD
7307 Ave O
Santa Fe, Texas 77510
USA
Santa Fe, Texas 77510
USA
614.905 m2 ::
6,619 sqft
Commercial for Sale, Other Business Opportunity
Land size: 0.607 ha ::
1.50 acres
Sale price per sqm: 1,046.97
Remarks:
Century 21 Tevas Commercial is pleased to present 7307 Avenue O, a fully leased four-unit residential property situated on a 1.50-acre lot in Santa Fe, Texas, within the Houston Bay Area / Galveston County corridor. The Property offers an investor a stabilized, cash-flowing multifamily asset with a diversified unit mix and a history of strong leasing velocity.
The Property underwent significant capital improvements in the 2019-2020 period, including full interior renovations and window replacement, supported by permit records on file with the City/County building department. Historical roofing work (2009 and 2014 full re-roofs, plus exterior siding replacement in 2014) further reduces near-term capital expenditure risk for a new owner.
All four units are currently leased, and management reports that units lease quickly upon turnover - a favorable indicator of rental demand in the submarket.
The Property underwent significant capital improvements in the 2019-2020 period, including full interior renovations and window replacement, supported by permit records on file with the City/County building department. Historical roofing work (2009 and 2014 full re-roofs, plus exterior siding replacement in 2014) further reduces near-term capital expenditure risk for a new owner.
All four units are currently leased, and management reports that units lease quickly upon turnover - a favorable indicator of rental demand in the submarket.
Features:
- Year Built: 1983
- Number of Levels: 1
Location:
7307 Ave O, Santa Fe, Texas 77510, USA
Listed By CENTURY 21 Republic
The Commercial for Sale, Other Business Opportunity located at 7307 Ave O, Santa Fe, Texas 77510, USA is currently for sale. 7307 Ave O, Santa Fe, Texas 77510, USA is listed for $643,811 USD. This property has 6,619 sqft. If the property located at 7307 Ave O, Santa Fe, Texas 77510, USA isn't what you're looking for, search Texas Real Estate to see other Commercial For Sale in Santa Fe.
