13-Unit Multifamily in Pasadena, TX
Harris County, TX · listed Feb 12, 2025 (622 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Pasadena, TXStabilized | $1.3M | $93K$93K | 7.9% |
Value-add | $1.2M | $71K$71K | 7.6% |
| $700K | $70K$70K | — | |
Galena Park, TXStabilized | $781K | $98K$98K | — |
| South Houston, TX High yieldStabilized | $1.2M | $63K$63K | 10% |
| South Houston, TX NewHigh yieldStabilized | $1.05M | $55K$55K | 10% |

