10-Unit Multifamily in Houston, TX
TX · listed Oct 12, 2024 (746 days)
- $/unit
- $150,000
- ▲ 63% vs TX · 76th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 1940
Financials
- Asking price
- $1,500,000
- Price per unit
- $150,000
- Price per sq ft
- $225
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1940
- Building size
- 6,656 sq ft
- Avg unit size
- 666 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 12, 2024
- Days on market
- 746 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1537
About this property
GREAT COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY. The property is minutes from Downtown, Texas Medical Center, Rice University, and University of Houston. Prime lot in Museum District. No sign. Drive by only. 10-plex 40% currently rented PLUS value in the land. PLEASE DO NOT DISTRURB TENANTS OR WALK THE LOT. Close to the Children's Museum and Asian Museum. Great access to 288, downtown and the Medical Center. Metro line nearby. New construction all around. No viewing without acceptable contract! Tenants Occupied at 100%. Please provide bank letter of reference, proof of funds and a bio to the listing broker to be considered for a tour. No viewing without acceptable contract, please preview the area and do not disturb tenants. (no money for any repairs)....
Location
Approximate area. The exact address is shared on request.
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