12000 Martin Luther King Jr Blvd | Houston, TX 77048
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12000 Martin Luther King Jr Blvd
Houston, TX 77048
Aqua Bella · Build-to-Rent Property For Sale
·
473 Units
INVESTMENT HIGHLIGHTS
- Heavy foot traffic in the area.
- Right in the heart of the city of Houston
- Very accessible to public transportation
PROPERTY FACTS
| No. Units | 473 | Property Size | 343,982 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 69% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2022 |
| Costar Property Class | C | Parking Allocation | 2.25/1,000 sq ft |
| Total Plot Size | 15.76 ac | ||
| Use Class | 4221 - Multifamily | ||
| No. Units | 473 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 15.76 ac |
| Property Size | 343,982 sq ft |
| Average Occupancy | 69% |
| No. Floors | 2 |
| Year Built/Renovated | 1971/2022 |
| Parking Allocation | 2.25/1,000 sq ft |
| Use Class | 4221 - Multifamily |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Ice Maker
- Sprinkler System
- Views
- Walk-In Closets
- Carpet
- Family Room
- Vinyl Flooring
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 45 | £915.00 | 395 - 455 |
| 1+1 | 133 | £997.50 | 570 - 625 |
| 2+1 | 215 | £1,020 | 725 - 786 |
| 3+1 | 80 | £1,250 | 860 - 1,002 |
PROPERTY TAXES
| Parcel Number | 0450780000285 | Improvements Assessment | £12,967,098 |
| Land Assessment | £2,581,427 | Total Assessment | £15,548,524 |
PROPERTY TAXES
Parcel Number
0450780000285
Land Assessment
£2,581,427
Improvements Assessment
£12,967,098
Total Assessment
£15,548,524
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