Yale Apartments

37-Unit Apartment in Houston, Texas.

o Closed in July 2018

o Refinanced by Freddie Mac

o Return on investment 112.5%

o Rent increased 25% after 4 months of closing.

o Value increase 191% at the time

o May 2022 appraisal value $3.25M

Specification

About Yale Apartments

Welcome to Yale Apartments – Your ideal choice! Situated at 4742 Yale St, Houston, TX, our community offers a range of living options from studios to 2-bedroom apartments, all equipped with essential appliances like stoves and refrigerators. Enjoy the convenience of a 2-minute walk to Fiesta Mart and 5 minutes to Whole Foods Market. Outdoor enthusiasts will love Shepherd Park, a top-rated spot on Yelp, just a short drive away. Plus, some of Houston’s best dining options are only 10 minutes away by car.

Our location is superbly connected, with easy access to highways 45 and 59, nearby schools, and public transportation including bus services. Downtown Houston is just a 15-minute drive away.

In-unit Amenities: Balcony, Bathtub, Ceiling Fans, Fire Extinguisher, Flooring Type: Tile, Granite Countertop (in some units), Heating and Air Conditioning – Central, Pantry, Pets Allowed (under 15lbs), Smoke Detector, Stove and Fridge, Utilities included: Gas, Pest, Walk-in Closet, Window Covering/Mini Blind.

Community Amenities: Garage Attached, Lawn, On-site Laundry, On-site Management, Pet-Friendly, Property Management Amenities: Community Portal, Maintenance Request System, Online Rent Payment.

Location
Property Address: 4742 Yale St, Houston, TX 77018.