Chesapeake Village Apartments — Sale in Houston, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Houston, TX 77088
Photos
Description
Marcus & Millichap is pleased to present the exclusive opportunity to acquire Chesapeake Village, a 72 unit multifamily community located in Northwest Houston. Built in 1984 on a 3.58 acre site, the property features a desirable two-bedroom-heavy unit mix, representing 85 percent of the total unit count, with the community averaging 989 square feet. Investment Highlights: • Floorplans are 85% Two-Bedroom Units • Substantial Value-Add Opportunity • Strong Ancillary Income Opportunity • Northwest Houston Location with Direct Access to Major Thoroughfares
Market Context
This multifamily in Houston, TX is listed for sale. 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).
Contact
- Kyle Devillier · (713) 452-4299 · kyle.devillier@marcusmillichap.com
- Greg Austin · (713) 452-4233 · gregory.austin@marcusmillichap.com
- Travis Austin · (713) 452-4234 · taustin@ipausa.com
- Vincent Fuquen · (713) 239-0511 · vincent.fuquen@marcusmillichap.com
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