The Gateway on Kirkwood Townhome Apartments, is an individually titled two story community located in the Alief submarket of Houston, Texas. The asset was built in 1985. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies, walk-in closets and garages in the larger units. The owner has 100% of the units and there is no HOA.
Per Owner, $734,932 has been spent in CapEx (see summary attached, but this is not a detailed breakdown). Many units have granite counter tops. There is a storage room behind the garage in many units that was turned into an additional bedroom (with two doors). Four units have not yet been converted. The appliances are in generally good condition. Every unit has a garage except for the one bedroom units.
Every unit has an individual title and individual hot water heaters, this property may be ideal to sell off individually as townhomes. The owners have had the property approximately four years.
The property is located close to the Westpark Toll Road, Beltway 8 and the Westchase District.