Description
The property boasts near full occupancy with substantial cash flow and constant market demand, resulting in minimal vacancy. The market vacancy is reported at 9.6 %, while this property edges towards 3-4% vacancy with quick absorption due to market demand. Over the years, 2646 S Loop W has received ongoing capital expenditures and investment resulting in improvements, upgrades, and refurbishments where applicable.
The property touts substantial allocated parking with 350 surface spaces and 240 covered spaces. Conveniently located at the Loop 610/S Loop and Old Spanish Trail intersection, 2646 S Loop W is near the Astrodome, NRG Stadium/NRG Center, the Houston Medical Center, and offers easy access points to Loop 610, Highway 288, Highway 59, and I 10.
- Principal and Interest
- Property Tax
- HOA fee
