10001 Westpark Dr | Houston, TX 77042
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- LoopNet Team
10001 Westpark Dr
Houston, TX 77042
Sunridge Villas Condos II · Build-to-Rent Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- - Interior renovations were completed in early 2020
- - Eight of the buildings have been repainted in addition to resurfacing of the stairwells
- - New ownership can take a board seat and control the HOA board
- - Recent renovations include new kitchen countertops, sinks, appliances, new bathroom fixtures and vinyl flooring
- - New ownership, based upon area rent comps, can raise rents up to $318 / unit, which is a $0.37 / sqft rent bump
- - Located within the Energy Corridor, which is a hub for the oil and gas industry
PROPERTY FACTS
| No. Units | 20 | Total Plot Size | 2.76 ac |
| Property Type | Build-to-Rent | Property Size | 17,382 sq ft |
| Property Subtype | Apartment | Average Occupancy | 70% |
| Apartment Style | Garden | No. Floors | 2 |
| Costar Property Class | C | Year Built | 1983 |
| Use Class | Commercial - Commercial | ||
| No. Units | 20 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 2.76 ac |
| Property Size | 17,382 sq ft |
| Average Occupancy | 70% |
| No. Floors | 2 |
| Year Built | 1983 |
| Use Class | Commercial - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Tub/Shower
- Dining Room
- Family Room
SITE AMENITIES
- Clubhouse
- Fenced Lot
- Pool
- Games room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1.5 | 7 | £978.00 | 905 |
| 2+1 | 10 | £894.00 | 808 |
| 2+2 | 3 | £997.00 | 989 |
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