MULTI-FAMILY · FOR SALE
The Heights Collection
1500 Heights Boulevard, Houston, TX 77008
SAMPLE LISTING · This property and its specifications are fictional. Images illustrate the experience.
ASKING PRICE$6,200,000
AVAILABLE AREA28,500 SF
AVAILABILITYActive
THE OPPORTUNITY
A place to see what’s possible.
A distinctive multifamily opportunity in Houston, with a flexible footprint and a location designed for what comes next. Explore the possibilities for your business or investment portfolio. This fictional listing is provided for reviewing the GroundMark experience; pricing, availability, financials, and property specifications are illustrative.
24 residential units
Shared outdoor amenities
Neighborhood retail nearby
Illustrative stabilized investment
Property at a glance
- Property type
- Multi-Family
- Offering
- For sale
- Building area
- 28,500 SF
- Land area
- 1.8 acres
- Year built
- 2018
- Annual NOI · illustrative
- $372,000
- Cap rate · illustrative
- 6.00%
- Listing team
- GroundMark Realty
Grounded in a great location.
1500 Heights Boulevard, Houston, TX 77008
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ESTIMATED MONTHLY PAYMENT
$32,127
Principal & interest
Down payment$1,550,000
Loan amount$4,650,000
Annual debt service$385,529
Balance at year 10$3,630,585
Illustrative estimates, not a financing offer. Loan payments exclude taxes, insurance, fees, and reserves. Investment returns use your entered NOI and financing assumptions; tax effects, appreciation, and sale proceeds are excluded.