Augusta Apartments – FPM AUGUSTA LLC, a Delaware LLC (43.75% TIC Interest) – SOLD

HOUSTON, HARRIS COUNTY, TX

About The Listing
2018 Gross Income: $4,716,213
2017 Gross Income: $4,671,336
2016 Gross Income: $4,843,906
Interest being Sold: 2.25%
Investment Highlights

Court Auction Information:
Date: July 11, 2022  |  Time: 8:30am
Dept: 11

Stanley Mosk Courthouse
111 N. Hill Street
Los Angeles, CA 90012

The first overbid amount for the Portfolio of 11 Partnership Interests is $2,709,500

  • Market Value Information to be Provided
  • The Seller is The Joseph Mascolo Trust of 1997
  • Located in Houston, Harris County, Tx
  • Property Totals 312-Unit, Four-Story Mid-Rise Apartment
  • 12 Floorplans Consisting of One and Two Bedroom Units
  • Gross Building Area 296,880 Sq Ft (Per Hcad)
  • Built in 2003
  • 6-Level Parking Garage Containing 525+- Parking Spaces
  • Total Net Rentable Area of 283,191 Sq Ft
Gross Income
Property Photos
Offer Price for Portfolio of 11 Partnership Interests:

$2,709,500

Offers Made:
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