• For Sale | Investment Opportunity Villa Sierra - 550 Normandy St, Houston, TX 77015

For Sale

Office

For Sale

This property is available for sale
5.64
Acres
Negotiable
Sale Price
  • Overview

    Villa Sierra is a class B, value-add apartment community built in 1980. The property is located 11 miles east of Houston’s Central Business District and less than 10 miles from the Port of Houston. The 336-unit, garden-style community offers spacious one and two-bedroom apartment homes, including a townhome layout with open-concept kitchens and living spaces. New ownership will acquire a well-maintained property with stable cash flow and a value-add opportunity for monthly rent increases. Villa Sierra’s convenient location between I-10 and I-90 affords a quiet and friendly neighborhood environment with convenient access to downtown Houston for weekday commuters and weekend entertainment seekers.

    336 Units within 27 apartment buildings
    10.9 Acres
    90% Occupancy
    Built in 1980
    Refreshing Pool with Chaise Lounges
    Three Onsite Laundry Centers
    Townhome-Style Floor Plans (in select floorplans)
    Dog Park
    Walking Distance to Transit Line
    Well-Maintained Courtyards and Grounds

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Office Space Details

Villa Sierra is a class B, value-add apartment community built in 1980. The property is located 11 miles east of Houston’s Central Business District and less than 10 miles from the Port of Houston. The 336-unit, garden-style community offers spacious one and two-bedroom apartment homes, including a townhome layout with open-concept kitchens and living spaces. New ownership will acquire a well-maintained property with stable cash flow and a value-add opportunity for monthly rent increases. Villa Sierra’s convenient location between I-10 and I-90 affords a quiet and friendly neighborhood environment with convenient access to downtown Houston for weekday commuters and weekend entertainment seekers.

336 Units within 27 apartment buildings
10.9 Acres
90% Occupancy
Built in 1980
Refreshing Pool with Chaise Lounges
Three Onsite Laundry Centers
Townhome-Style Floor Plans (in select floorplans)
Dog Park
Walking Distance to Transit Line
Well-Maintained Courtyards and Grounds

  • Property Type
    Office
  • Submarket
  • Total Acres
    5.64
  • Last updated
    Dec 25, 2023
  • Property ID
    2201262

For Sale | Investment Opportunity Villa Sierra Location

Location of For Sale | Investment Opportunity Villa Sierra: 550 Normandy St, Houston, TX 77015
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Landlord's Sales Representatives

  • Chip Nash
    Colliers | Houston
     
  • Bob Heard
    Colliers | Houston
     
  • Todd Stewart
    Colliers | Houston