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- LoopNet Team
2635 Tim St
Houston, TX 77093
La Casita Homes · Build-to-Rent Property For Sale
·
84 Units
PROPERTY FACTS
| No. Units | 84 | Property Size | 64,600 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 81% |
| Property Subtype | Apartment | No. Floors | 1 |
| Apartment Style | Garden | Year Built | 1964 |
| Costar Property Class | C | Parking Allocation | 2.33/1,000 sq ft |
| Total Plot Size | 4.17 ac | ||
| Use Class | None | ||
| No. Units | 84 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 4.17 ac |
| Property Size | 64,600 sq ft |
| Average Occupancy | 81% |
| No. Floors | 1 |
| Year Built | 1964 |
| Parking Allocation | 2.33/1,000 sq ft |
| Use Class | None |
AMENITIES
UNIT AMENITIES
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Tub/Shower
- Den
SITE AMENITIES
- Laundry Facilities
ABOUT 2635 TIM ST , HOUSTON, TX 77093
Located near major employment centers in Houston with ease of access to the many businesses up and down the I-45 corridor as well as Beltway 8, Hardy Toll Rd, Hwy-59 and Loop 610 N. The Pinto Business Park, a 971 acre industrial park that has become home to more than 4 million square feet of industrial and logistics users since 2013, is less than 7 miles from the property. The park is the new home of the Amazon Distribution Center as well as many other major employers such as Sysco, Grocers Supply, Alfa Laval, Cambria, Red Bull and many others. Downtown Houston is approximately 6 miles southwest of the property and the Metro Red Line (train) is only 2.3 miles southwest and commutes to Downtown and the University of Houston. The property is individually metered for Electricity and master metered for Gas and Water. Each unit has its own gas hot water heater. There seems to be upside in the rents with further improvements to the interiors of the units and to the exterior of the property. There is no RUBS in place for Water or Gas, a new owner may find additional income by implementing a RUBS for both Water and Gas.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 83 | £830.00 | 750 - 800 |
| 1+1 | 1 | £680.00 | 600 |
PROPERTY TAXES
| Parcel Number | 0470430000020 | Improvements Assessment | £3,532,278 |
| Land Assessment | £609,731 | Total Assessment | £4,142,009 |
PROPERTY TAXES
