911 Michigan Street 8,Houston, TX 77587
Houston, TX 77587
Description
Exceptional opportunity to acquire an extensively renovated 11-unit apartment community in the heart of South Houston. The current owner has already invested significant time and capital into major exterior renovations, roof improvements, and HVAC upgradesallowing the next investor to step into a substantially improved, income-producing asset with limited immediate capital needs. The clearest remaining value-add opportunity is straightforward: increase current rents to market levels. The property offers stable occupancy, strong in-place income, relatively low operating expenses, dedicated parking, efficient utilities, and an attractive courtyard-style layout on a 0.33-acre corner lot. Conveniently located near Downtown Houston, Hobby Airport, SH-225, I-45, major employers, medical centers, and industrial corridors, 911 Michigan St benefits from consistent rental demand and long-term growth potential. The hard work is completethis turnkey asset is ready for its next investor.
Details
| MLS # | 83270503 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 40 |
| Listing Provided By | Keller Williams Summit | Florencio Villalpando |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 7,060 |
| Story(s) | 2 |
| Units | 11 |
| Acreage | 14200.00 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Garage |
Taxes
| Tax Annual Amount | 15681 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77587 |
| Area | 6 |
| Subarea | South Houston |
| Community Name | South Houston |
| Listing VS Median (in South Houston) | |
Price: $895,000 low | high Med: $210,000 sqft: 7,060 low | high Med: 1,000 $ / sqft: $127 low | high Med: $210 On site: 40 low | high Med: 357 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77587 |
| Area | 6 |
| Subarea | South Houston |
| Community Name | South Houston |
| Listing VS Median (in South Houston) | |
Price: $895,000 low | high Med: $210,000 sqft: 7,060 low | high Med: 1,000 $ / sqft: $127 low | high Med: $210 On site: 40 low | high Med: 357 | |
.jpg){kind=logo}
Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
