Augusta Place
2400 Augusta Drive Houston TX
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Property Pictures

Historical Performance Details
- Acquisition DateDecember, 2000
- Total Project Size125,032 SF
- Acquisition Price$9,650,000
- Add. Capital Costs$100,000
- Total Cost$9,750,000
- Cost PSF$77.98
- StatusSold - Apr, 2007
- Sale Price$12,500,000
- Sale Price / SF$100.00
- Ave. Annual Return10%
- Value enhanced by renewing tenants at market rates and minor renovations to building
- Class B quality building
- Great location in west Houston near the Galleria submarket


