Augusta Place
2400 Augusta Dr, Houston, TX 77057
Description
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.
Details
Cost PSF $77.98 |
Sale Price $12,500,000 |
Total Cost $9,750,000 |
Acquisition Date Dec, 2000 |
Add. Capital Costs $100,000 |
Sale Date April, 2007 |
Total Project Size 125,032 SF |
Sale Price / SF $99.97 |
Avg Annual Return 10% |
Acquisition Price $9,650,000 |