Commercial Props - Houston and Dallas, TX!
222 unit apartment building in Northwest Houston, Texas. This building is currently vacant so they can rehab.  Class C in a Class B area, will take about $8,000/unit to rehab. Built in 1982,  asking $2.5M.    
Seller will not do any Seller financing. 100% vacant as they want to rehab everything.  Cost to rehab about 
144 units with future potential income of 432K per year. At a 10 cap can be worth $4.3M.
Price $1,800,000

Dallas, Texas
Occupancy 50%
If interested, please contact for more info.
Patrick B. Simmons

a division of simmons road enterprises, inc.
2500 Al Simmons Road - Dover, Fl 33527

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Please contact me:  or 925-339-2299.  I have 2 Buyers that would be interested in both.  Let me know if they are still availabale.  Please let me know if you can get additional Commerical NPN's and REO product as well.




Val Schwab


Hi Val. Just got your email and will respond shortly.


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