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Multifamily

Peachtree Apartments

5720 Rampart St, Houston, TX 77081

Listing Price: Request For Offer

Number of Units
154
Gross SF
103,997

Investment Overview

Marcus and Millichap is pleased to announce the exclusive listing of the Peachtree Apartments , a workforce housing community consisting of 154 units and built in 1978. Constructed on approximately four acres, the property has a unit mix of one hundred and thirty-eight (138) one bedroom flats and sixteen (16) two bedroom flats and twenty two ( 22) bedroom flats. The units average 675 square feet.

Investment Highlights

  • Five-Year Leveraged IRR Potential Returns Approximately 18%
  • Five-Year Cash on Cash Return Potential over 10%
  • Opportunity to Implement RUBS Program
  • Below Market Rents
  • Located in an Opportunity Zone
  • Same Owner for Over 10 Consecutive Years (Potential for Tax Credit Rehab)
  • Excellent Location - Close Proximity to All Thoroughfares Leading to Houston's Major Employment Centers

Exclusively Listed By

Financing By

Multifamily

Peachtree Apartments

Listing Price: Request For Offer

Number of Units
154
Gross SF
103,997

Investment Highlights

  • Five-Year Leveraged IRR Potential Returns Approximately 18%
  • Five-Year Cash on Cash Return Potential over 10%
  • Opportunity to Implement RUBS Program
  • Below Market Rents
  • Located in an Opportunity Zone
  • Same Owner for Over 10 Consecutive Years (Potential for Tax Credit Rehab)
  • Excellent Location - Close Proximity to All Thoroughfares Leading to Houston's Major Employment Centers

Investment Overview

Marcus and Millichap is pleased to announce the exclusive listing of the Peachtree Apartments , a workforce housing community consisting of 154 units and built in 1978. Constructed on approximately four acres, the property has a unit mix of one hundred and thirty-eight (138) one bedroom flats and sixteen (16) two bedroom flats and twenty two ( 22) bedroom flats. The units average 675 square feet.

Exclusively Listed By

Financing By

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