Courtesy of: Florencio Villalpando, Keller Williams Summit, florenciov@kw.com
Courtesy of: Florencio Villalpando, Keller Williams Summit, florenciov@kw.com
$895,000
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3 bed
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7,060 square feet
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2.00 Bath (2 Full)
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Lot: 0.33 Acres
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Other
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$895,000
911 Michigan Street 8 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 upgrades-allowing 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 complete-this turnkey asset is ready for its next investor.
Courtesy of: Florencio Villalpando, Keller Williams Summit, florenciov@kw.com
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