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Fountainhead Wharton Apartments 526 Wilkes St

16 Unit Block of Flats For Sale Wharton, TX 77488

Executive Summary

This 16-unit, 40,378-square-foot multifamily property sits on 0.926 acres in the growing Wharton market. Built in 1977, it offers solid construction and value-add potential. Located near Houston, it benefits from strong rental demand and area growth. A prime opportunity for steady cash flow and long-term appreciation.

Attachments

526 Wilkes st. Wharton, TX 77488 OM

Property Facts

Sale Type Investment Lot Size 0.92 AC
No. Units 16 Building Size 40,378 SF
Property Type Residential Number of Floors 2
Property Subtype Apartment Year Built 1977
Apartment Style Garden Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class C
Sale Type Investment
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.92 AC
Building Size 40,378 SF
Number of Floors 2
Year Built 1977
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 8 - -
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PROPERTY TAXES

Parcel Number R057705 Improvements Assessment £430,643
Land Assessment £2,817 Total Assessment £433,460

PROPERTY TAXES

Parcel Number
R057705
Land Assessment
£2,817
Improvements Assessment
£430,643
Total Assessment
£433,460
(281) 546-7625

  • Listing ID: 33933679

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 526 Wilkes St, Wharton, TX 77488

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526 Wilkes St, Wharton, TX for sale Primary Photo- Image 1 of 7
Building Front
526 Wilkes St, Wharton, TX for sale Building Photo- Image 2 of 7
Building One
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Building Two
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Building Three
526 Wilkes St, Wharton, TX for sale Building Photo- Image 5 of 7
Living Room
526 Wilkes St, Wharton, TX for sale Interior Photo- Image 6 of 7
Kitchen

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© 2024 CoStar Group

Fountainhead Wharton Apartments | 526 Wilkes St
(281) 546-7625 x

Fountainhead Wharton Apartments | 526 Wilkes St

Natasha Suri

(281) 546-7625

(281) 546-7625

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