14-Unit Multifamily in Houston, TX

🚨 **VALUE-ADD 14-UNIT TOWNHOME PACKAGE | HOUSTON, TX | PRE-FORECLOSURE** 🚨

**Serious investors, multifamily buyers, and portfolio buyers — I have an off-market opportunity with significant upside.** Houston, TX 77091

🏘️ **14 Townhome Units** 💰 **Asking: $4,198,600 ($299,900/unit)** 🏷️ Approx. appraised value: **$340,000 per unit** 📉 Current asking price is approximately **11.8% below the stated appraised value** 🤝 **PRICE IS NEGOTIABLE — SELLER IS OPEN TO OFFERS** ⚡ **Property is currently in pre-foreclosure, creating a time-sensitive opportunity** 📈 THE VALUE-ADD OPPORTUNITY:

🔥 **Only 2 of the 14 units are currently occupied**

The major upside is in **leasing up the remaining 12 vacant units**.

Projected rent at stabilization: 💵 **$2,250/month per unit** 💵 **$31,500/month potential gross rent at full occupancy** 💵 **$378,000/year potential gross rental income**

Based on the provided projected operating expenses, the property could potentially generate approximately **$243,630/year in NOI once stabilized**, subject to buyer verification.

This could be an opportunity for the right investor to acquire a **14-unit portfolio below the stated appraised value**, lease up the vacant units, increase occupancy, and create additional value through stabilization.

💰 **Cash offers preferred** 🏦 **DSCR/investment financing may be possible depending on lender and borrower/property qualifications** ⚡ Seller is motivated and looking for a buyer who can move quickly 🤝 **All reasonable offers will be considered**

📩 **DM me for the financials and additional property information. Serious buyers only.**

*All financials, rents, expenses, valuation, occupancy, and projected returns are based on information provided and should be independently verified by buyer. Financing is subject to lender approval.*

My recommendation