Luxury Apartment Community for Sale in Houston

For Sale

Oak Grove 10770 Barely Ln, Houston, TX 77070

This Houston property for sale is located at Oak Grove 10770 Barely Ln. Luxury Apartment Community for Sale in Houston is situated on a lot that is 14.33 square feet in size.

Contacts

broker

Teresa Lowery

broker

Cindy Cooke

broker

Ron Cameron

broker

Brad Cooke

broker

Chris Roach

broker

Matt Roach

Property Details

  • Property Type Other
  • Property Size 236,312 SF
  • Lot Size 14.33 SF
  • Year Built 2004
  • Date Updated Apr 19, 2024

Luxury apartment community for sale at 10770 Barely Lane in Houston, Texas. Oak Grove consists of 272 units, was built in 2004, and is priced significantly below replacement cost with great upside opportunity in operations.

Visit our property website to view investment details and request the offering memorandum. 

This garden style community was built with Limestone and Hardieplank construction and is a fantastic turnkey investment with future value-add potential. Situated at the end of a cul-de-sac, Oak Grove has a tranquil community feel but benefits from immediate access to major freeways.

The units feature nine-foot ceilings, walk-in closets, and full-size and stackable washers and dryers. The interiors of 124 units recently received significant upgrades, and the new owner has the opportunity to refresh the remaining 148 units.

Community amenities include a modernized clubhouse, state-of-the-art fitness center, and resort-style pool. Plus, Oak Grove is a fully-gated, secure property with storage units, covered parking and private garages. The property’s age, interior finishes, amenity packages, location, demographics ($108,556 average household income within five miles), and rent comps at an average of $226 more per month (with select comps as high as $271) suggest an exceptionally strong investment with significant value-add opportunities.

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Getting around

  • 40/100

    Walk Score ®

  • 43/100

    Bike Score ®

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Location

  • City Houston, TX
  • Neighborhood Woodedge Village
  • Zip Code 77070
  • Market Houston

Points of Interest

  • Sunoco

    0.42 miles

  • Shell

    0.45 miles

  • Valero

    0.92 miles

  • Independent

    1.40 miles

  • 76

    1.43 miles

  • Shell

    1.64 miles

  • 7-Eleven

    1.79 miles

  • Exxon

    1.92 miles

  • Shell

    1.96 miles

  • Costco Gasoline

    2.09 miles

  • Northwest Station Park & Ride

    3.00 miles

  • PG6

    3.16 miles

  • PG7

    3.22 miles

  • PG5

    3.23 miles

  • PG8

    3.33 miles

  • Champions North HOA Car Park

    3.48 miles

  • Cy-Fair ISD bus barn

    4.14 miles

  • WFT parking

    4.46 miles

  • Yeager Elementary Car Park

    4.66 miles

  • Seton Lake Park & Ride

    4.89 miles

  • Scottish Inns & Suites

    0.46 miles

  • Scottish Inns & Suites 1

    0.48 miles

  • Econo Lodge Inn & Suites Houston Nw-Cy-Fair

    1.35 miles

  • America's Inn & Suites

    1.59 miles

  • Candlewood Suites Houston NW - Willowbrook

    1.67 miles

  • Wingate by Wyndham Houston / Willowbrook

    1.74 miles

  • La Quinta by Wyndham Houston Willowbrook Vintage Park

    1.96 miles

  • Fairfield Inn & Suites by Marriott Houston Northwest/Willowbrook

    2.15 miles

  • Econo Lodge Inn & Suites Houston Willowbrook

    2.22 miles

  • Super 8 Houston

    2.22 miles

  • Kroger

    0.64 miles

  • Kroger

    2.00 miles

  • Walmart Supercenter

    2.12 miles

  • Jones and West H-E-B

    2.25 miles

  • Target

    2.27 miles

  • Kroger

    2.44 miles

  • Aldi

    2.46 miles

  • Macy's Men

    2.61 miles

  • Macy's

    2.67 miles

  • Willowbrook Mall

    2.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Luxury Apartment Community for Sale in Houston