Description
Unlock income potential on this 16,000+ sq ft unrestricted lot, ideally located just minutes from Hobby Airport and the U of H. Move-in ready with minimal repairs and clean-up needed. This site is a rare gem for boutique apartment developers looking to capitalize on Houston's booming rental corridor.Why This Property Stands Out: Unrestricted Zoning Build 812 units (1,2001,500 sq ft each) with no red tape. Proven Rental Demand 80+ nearby complexes show strong occupancy (9395%), with 12 BR units leasing for $1,200$1,900/month. Captive Tenant Base Serve Hobby's 12M+ annual travelers and U of H's 47,000+ students and staff. Located near I-45/610 for excellent visibility and logistics. This is the last scalable lot in a supply-constrained zone.?Act fastopportunities like this don't last. Contact us today for feasibility studies and ROI projections.
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2BEDS
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0.39ACRES
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2BATHS
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01/2 BATHS
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1,478SQFT
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$176$/SQFT
School Information
Description
Unlock income potential on this 16,000+ sq ft unrestricted lot, ideally located just minutes from Hobby Airport and the U of H. Move-in ready with minimal repairs and clean-up needed. This site is a rare gem for boutique apartment developers looking to capitalize on Houston's booming rental corridor.Why This Property Stands Out: Unrestricted Zoning Build 812 units (1,2001,500 sq ft each) with no red tape. Proven Rental Demand 80+ nearby complexes show strong occupancy (9395%), with 12 BR units leasing for $1,200$1,900/month. Captive Tenant Base Serve Hobby's 12M+ annual travelers and U of H's 47,000+ students and staff. Located near I-45/610 for excellent visibility and logistics. This is the last scalable lot in a supply-constrained zone.?Act fastopportunities like this don't last. Contact us today for feasibility studies and ROI projections.