44422 & 44426 Highway 290 Business and 512 & 516 Hollyhock Drive, Prairie View, Texas 77446
- 1.65 Acres
- For Sale
Strategically located within 1 mile of the Prairie View A&M University campus, enabling the capture of that captive rental market along with serving the surrounding community as these units are Not Restricted to Prairie View Students only.
Building Size: 21,600 Acres
Area Available: 1.65 Acres
Far NW Outlier; Prairie View
Indicated Cap Rate
2016 Annualized NOI:
- Located less than one mile to Prairie View A&M campus
- The Hollyhock Units were constructed in 2001 & the Hwy 290 Bus Units were constructed in 2004.
- Exterior material is painted Hardiplank siding.
- Foundations are concrete slabs.
- Doors: Exterior are metal and Interior are wood.
- Windows are extruded aluminum frame punch with laminated glass.
- Roof Systems are pitched with composite shingles with gutters & downspouts.
- Building Descriptions:Four buildings, each compromised of 8 Units for a total of 32 Units, 64 bedrooms. Each Furnished Unit is ±675 SF for a total of ±21,600 SF.
- Land Size:± 1.65 Acres Total, compromised of 4 Lots each being 90'x200'.
- Parking:64 Reserved Spaces and 24 Visitor spaces, divided equally for each Complex.