SIENNA VILLAS APARTMENTS

Address:
902 N. AVE. J., FREEPORT, TEXAS 77541
Price:

TO BE DETERMINED BY THE MARKET

Price / Unit:
N/A
Price / Square Foot:
N/A
Number of Units:
156
Avg Sq. Ft. / Unit:
727
Class:
"B"
Type:
1977 CONSTRUCTED, 2 STORY APARTMENT COMMUNITY
Broker / Agent:

Jim Hurd - Listing Broker

Description:

  • OPEN HOUSE - THURSDAY, OCTOBER 11TH, 10:30 A. M. THRU 2:00 P.M.
  • Offered "All Cash" Buyer to obtain new financing

  • The Sienna Villas is well located just off Hwy 288 (Nolan Ryan Expy) at the corner of Avenue J and Quintana St. in Freeport, Tx., which is part of the Houston MSA. The property is in the Brazosport market, a secondary Market to Houston. Houston is approximately 50 miles north of the property. Freeport is home to the Dow Chemical Complex, the largest chemical complex in the world. The area is known for it shrimping industry as well as its boating and fishing industry. A few of the top employers that are minutes from the property are; Dow Chemical Company, Fluor Corporation, Zachry Group, Phillips 66, BASF Corporation and Excel.

  • 92% Occupied as of 8-31-18 Rent Roll
  • Property Information - Some units have had some upgrades / replacements and currently the owner is installing Super Bowl Carpet and Wood Finish Vinyl Flooring on turns. In 2016 the remaining 16 units (1B-1B units) were significantly rehabbed including granite counter tops, black stainless appliances and they are renting at $150 to $175 over the other units. Also the Leasing office was remodeled in 2016 by the current owner. An exterior rehab was completed in 2016 which consisted of full paint, pool resurface, pool fence, balcony repair and remodeling the leasing office. As of May 2017, there are 4 units that are receiving a rent subsidy from a government entity.

  • Unit Features - Large Spacious 1, 2 and 3 Bedroom Floor Plans, Fully Equipped all Electric Kitchens, Tile Flooring, Window Coverings, Ceiling Fans, Granite Countertops, Stainless Steel Sinks, Decorative Black and Stainless Steel Appliances, Shower/Bathtub Arrangement, Ceramic Tub and Tile surround, Decorative Bathroom Mirrors, Updated Toilets, Cable Ready, Built-In Microwave, Wood Cabinets, Dishwasher, Ice-Maker & Garbage Disposal, Tiled Entry, Wood Style Flooring, Plush Carpet, Walk-in Closets, (Interior appointments vary in each design)

  • Community Amenities - Pool, Easy Access to Major Thoroughfare, 2 Newly Remodeled Clothes Care Centers, Picnic Areas, Ample Surface Parking, Cafe Bar, within Close Proximity of Major Employers, Gated Community with Access Control, Convenient to Area Schools, Sprinkler System

Financials:

View Financials

Show Street View