2106-2116 West St

•Delivered Vacant – Existing ±17-unit apartment building is currently vacant, giving new ownership flexibility to redevelop or renovate.

•Approximately ±0.625 acres of land fronting Carr St and West St, just 2.4 miles from Downtown Houston, offering excellent potential for redevelopment.
• Property can be subdivided into a maximum of 18 lots for townhome development, or new ownership can convert the 7 tax ID’s into individual parcels.
• Opportunity to thoroughly renovated the existing structure and maintain the property in its current use as a multifamily complex.
• Developing within a Qualified Opportunity Zone (QOZ) promotes flexible, long-term equity driven by attractive federal tax benefits for investors. Under federal guidelines, equity partners who hold their QOF investment for at least 10 years can achieve tax-free appreciation on post-acquisition asset growth. For developers, local tax abatements, municipal grants, or other federal programs to enhance overall project returns.
• Property offers excellent accessibility, with direct connections to major roadways including I-45, the 610 Loop, the Hardy Toll Road, and I-10, providing convenient access to major hubs such as Downtown Houston, EaDo, the Houston Heights, The Galleria, and other major employment/retail corridors.