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 |