MULTIFAMILYRADAR
13-Unit Multifamily in Pasadena, TX, photo 11 / 2
$2,675,000

13-Unit Multifamily in Pasadena, TX

Harris County, TX · listed Feb 12, 2025 (622 days)

Price per unit compared
This property$206K
Within ~40 mi (271)$98K
Texas median (1,196)$92K
$/unit
$205,769
▲ 123% vs TX · 87th pct
Cap rate
—
 
Gross yield
—
 
Units
13
1968

Financials

Asking price
$2,675,000
Price per unit
$205,769
Price per sq ft
$380
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
13
Unit mix
Not stated
Buildings
Not stated
Year built
1968
Building size
7,036 sq ft
Avg unit size
541 sq ft
Lot size
2.87 acres
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Feb 12, 2025
Days on market
622 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1770

About this property

INVESTMENT HIGHLIGHTS

  • Established Self Storage and Horse Stable Business
  • 3 Residential Dwellings on the Property
  • Flood Zone X
  • Multiple Income Streams
  • Easy access to I-45 South, Beltway 8, I-610, and State Highway 225
  • Fenced in Yard

EXECUTIVE SUMMARY

An exceptional opportunity to own a unique income producing property in a prime location in Pasadena, Texas, currently operating with various streams of income, 22 Self Storages, 60 Horse/Livestock Stables, 10 RV Parking Pads, 15 Outside Storage Parking for RV’s/Boats/Trailers and 10 Covered Storage Parking for RV’s/Boats/Trailers and 3 Residential Dwellings. The property offers a range of possibilities uses and additional land to expand the various streams of income. Strategic location with easy access to major roads and highways, ensuring traffic and excellent accessibility for tenants/customers. Contact us today for more details.

Industrial | 7,036 SqFt

Location

Approximate area. The exact address is shared on request.

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