top of page
  • Writer's pictureDeal Desk

MULTIFAMILY : (136 UNITS) 1001 PINEMONT DR, HOUSTON, TX 77018 [OFF-MARKET]

Updated: 5 days ago



Real Estate Investment Property

$32,500,000


Exclusive Off-Market Listing: 1001 Pinemont Drive, Houston, TX - A Premier Investment Opportunity


Sales Price: $32,500,000


Nestled in the heart of Houston, 1001 Pinemont Drive presents a rare and unparalleled investment opportunity. This A-Class, 136-unit apartment complex is now available off-market at an asking price of $32.5 million. Boasting a remarkable blend of luxury, comfort, and convenience, this property offers a turnkey solution for investors seeking to capitalize on Houston's vibrant rental market.



Property Highlights:

  • Asking Price: $32.5 Million

  • Net Operating Income (NOI): $1,500,914/year

  • Occupancy Rate: 97%

  • Total Rental Income: $2,418,337/year

  • Square Footage: 127,536 sq ft


Key Features:

  • 136 Updated Units: Each unit reflects modern living standards, ensuring high tenant satisfaction and demand.

  • Swimming Pool: A pristine pool area serves as a central leisure spot for residents, enhancing the community's appeal.

  • Financials: Comprehensive financial documentation is readily available, showcasing the property's strong performance and investment potential.

  • Assumable Note: Benefit from the convenience of an assumable note, offering flexibility in financing.

  • Strategic Location: Positioned in a sought-after area of Houston, the complex enjoys easy access to local amenities, transport links, and employment hubs.


This property not only promises a robust return on investment but also offers the security of a high occupancy rate and a stable income stream. With meticulous upkeep and strategic upgrades, 1001 Pinemont Drive stands as a testament to quality and excellence in residential living.


Offer Submission: For serious inquiries and to submit offers, please contact us directly at deals@andersonandryan.com. We are looking for a reputable buyer who can close quickly, with favorable terms for those able to offer a swift closing and/or a significant down payment.


Unlock the potential of 1001 PINEMONT DR, HOUSTON, TX 77018 and make it the cornerstone of your investment portfolio. Contact us today to explore this exclusive off-market opportunity.









Aerial View

Harvest River Partners

Eric Brinson

Principal

Mobile: 615-987-7897


*Note* You DO NOT have permission to market this property in anyway to anyone on any social media platforms, email, or direct to someone you know. You DO NOT have permission to mark up the property for your profit. If you know someone who may want to invest with us on this property contact ericb@harvestriverpartners.com directly to discuss. This is an off-market investment opportunity.




9 views0 comments

Comments


bottom of page