1101 E Main St, League City TX: 16 MULTI-FAMILY UNITS
$1,850,000
1101 East Main Street, League City, TX 77573
6.27
Cap Rate
13,890 sqft
Building Size
Details:
Description:
Mariner Apartment Complex: 16-Units (10) 2BR/1BA, (6)1BR/1BA, Laundry Room Facility with Coin-Operated W/D's, on 1-Acre lot in League City, TX. Lots of shade & trees, 25+ parking spaces. Recent improvements: updated interiors, & AC Units. Upside in Rental Income.
Located southeast of downtown Houston, TX, this property is near the League City Historic District & not far from NASA Space Center & the Southeast Medical Center. This is a popular area for fishing & boating enthusiasts in Clear Lake & Galveston Bay, 30-minutes south to Galveston Beach. South Shore Harbour Country Club & Yacht Club, Clear Lake Shores, Kemah, Webster, Friendswood. Close to I-45, major retailers including Wal-Mart Supercenter, Home Depot, Target, Lowe's, restaurants, parks, schools, etc.
16-Units that are individually metered
Room for expansion, 1-Acre lot
Separate Laundry Room, Coin-Operated W/D
Desirable Unit Mix: (10)2BR/1BA, (6)1BR/1BA
Close to NASA Space Center, Webster, Southeast Medical Center
Popular area for boating, fishing, golf, and walking trails
Upside in Rental Income (below market currently)
Documents:
Location
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