San Brisas Apartments – FPM San Brisas LLC, a Delaware LLC (85% TIC Interest)

HOUSTON, HARRIS COUNTY, TX 77057

About The Listing
2018 Gross Income: $6,379,139
2017 Gross Income: $6,182,818
2016 Gross Income: $6,419,886
Interest being Sold: 2%
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
  • One Continuous Tract of Land Totaling 20.5693 Acres or (895,999 Square Feet)
  • Consists of a 312-Unit Garden Style Apartment Two & Three Story Complex
  • A Total of 44 Apartment Buildings
  • 20 Floorplans Consisting of a One, Two and Three Bedroom Units
  • 462,698 Sq Ft of Rentable Area
Gross Income
Property Photos
Offer Price for Portfolio of 11 Partnership Interests:

$2,709,500

SOLD
Offers Made:
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