4706 Yellowstone, Houston, Texas

Description

Currently being remodeled and coming to completion (estimated completion date April 2025), Offered at 2.9 million (unoccupied). Once filled to capacity, price will increase to reflect. New flooring, paint, mainline plumbing, electrical panels, granite, cabinets, HVAC, doors, windows, fixtures. Gated community with gated parking on location.

Each apartment is uniquely styled. Located in close proximity to NRG, Texas Medical Center, University of Houston. In a transitional area where new construction is taking place. Revitalization is surrounding this location.

This apartment complex was a repossession and restoration project. Cap Rate not currently available. Apartments are certified Section 8. Dimensions to be verified by buyer.

Directions: From 59 South, I69 South to Downtown, exit 129 B I45 to Galveston, exit Gulf Fwy and Spur 5 South Next Exit, right on 90-Old Spanish Trail, left on Calhoun Rd, right on 4706 Yellowstone Blvd.