This property is no longer available. Similar buildings are listed below.
$882,000
13-Unit Multifamily in Houston, TX
Harris County, TX · listed Apr 16, 2025 (560 days)
Price per unit compared
This property$68K
Within ~40 mi (269)$100K
Texas median (1,029)$100K
- $/unit
- $67,846
- ▼ 32% vs TX · 20th pct
- Cap rate
- 6.5%
- ▼ 0.9 pts vs TX median
- Gross yield
- —
- Units
- 13
Financials
- Asking price
- $882,000
- Price per unit
- $67,846
- Price per sq ft
- $91
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 6.5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 13
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 9,703 sq ft
- Avg unit size
- 746 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 16, 2025
- Days on market
- 560 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1022
About this property
Great opportunity to own 13 great condos on WoodForest Blvd in Houston, TX. If you manage the properties yourself, the cap rate is 8.2%...
Multifamily | 6.45% CAP
Highlights
- 13 Condos for sale
- Lots of renovations
- Great income producing portfolio!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXStabilized | $420K | $84K$84K | — |
 Houston, TXNew | $825K | $63K$63K | — |
 Houston, TX | $599K | $54K$54K | — |
 Houston, TXStabilized | $1.1M | $52K$52K | 7% |
 Houston, TXStabilized | $1.1M | $92K$92K | — |
 Houston, TXHigh yieldValue-add | $1.1M | $92K$92K | 8.5% |