Kevin Riles Commercial is pleased to offer this exceptional investment opportunity in Houston’s Park Place neighborhood! This 12-unit apartment complex offers a unique mix of long-term and short-term rental income, making it ideal for a first-time multifamily investor or a seasoned buyer looking to expand their portfolio.
Property Highlights:
-12 one-bedroom units
- Six units currently operating as Airbnb rentals – fully furnished and recently updated - Six traditional rental units – offering an opportunity to renovate and increase value
- Upgraded parking lot and recent capital improvements completed by the current
owner
- Potential for higher revenue by converting additional units to short-term rentals
Prime Location:
- Near 610 South & I-45 South for easy accessibility - Just north of Houston Botanic Garden
- 13 minutes to Hobby Airport
- 20 minutes to Downtown Houston
| Name | Grade | Great School Ranking | Performance Index | Distinction Designations |
|---|---|---|---|---|
| Sanchez Elem | Elementary | 3 of 10 | 4 of 4 | 1 of 7 |
| Deady Middle | Middle | 3 of 10 | 2 of 4 | 0 of 7 |
| Chavez High | High | 3 of 10 | 4 of 4 | 1 of 7 |
Our promise is to always give you the most candid advice on any property to help you make the best decision for your family.
We built a proprietary data analytics package to help give you the best information on any neighborhood, building or home.
Having sold over $250M of Houston homes, we've seen the good, bad & ugly and can help you avoid problems.
Built over fifteen years, our network of experts can help you through each step of the process plus help making living in your new home more enjoyable.
Thanks to HGTV, your listing only has 8 seconds to capture a buyer's attention.
There Are Over 20 Condos Located Along Or Near The Houston METRORail, The Second Most-Traveled Light Rail In The Southern United States.
See our honest assessment of the best west and southwest Houston suburbs to live in.
Compare neighborhoods near River Oaks Houston, including Avalon Place, Royden Oaks, Lynn Park, Oak Estates, Highland Village and Afton Oaks.
Disclaimer
Statistics and data is from the most recent recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate
