Fulton Village Apartments — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Houston, TX 77022

Photos

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Investment Figures

Cap rate
7.42%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Fulton Village, a 16-unit multifamily community located at 6702 Fulton Street in Houston, Texas. The property has benefited from approximately $300,000 in recent capital improvements, including a new roof, fencing and gates, flooring, cabinetry, fixtures, appliances, plumbing lines, electrical panels, water heaters, and laundry equipment. Fulton Village offers investors the opportunity to acquire a substantially renovated asset at an attractive per-unit basis with convenient access to I-45, Loop 610, the Hardy Toll Road, and Houston METRORail. Investment Highlights: • Approximately $300K in Recent CapEx – Significant investment across major building systems and unit interiors. • Operational Upside – In-place third-party management with additional NOI potential through self-management. • Strong Connectivity – Convenient access to I-45, Loop 610, Hardy Toll Road, and METRORail. • Renovated Asset Profile – Extensive improvements provide a competitive Class B renovation profile.

Market Context

This multifamily in Houston, TX is listed for sale. It is offered at an approximate 7.4% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston multifamily market showed an 11.5% vacancy rate, and average asking rents near $1384.50/unit/mo. Source: multiple brokerage reports, Q1 2026.

Multifamily market FAQ

Is the Houston multifamily market tightening or softening?
Vacancy is around 11.5% (Q1 2026).

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