Houston, TX 77004 ·
8 Units · Multifamily For Sale
|No. Units||8||Cap Rate||9%|
|Building Size||4,608 SF||Gross Rent Multiplier||75|
|Property Sub-type||Garden/Low-Rise||Lot Size||5,775 SF|
|Property Use Type||Investment||APN / Parcel ID||0611680340018|
|Listing ID: 18312758||Date Created: 08/15/2013||Last Updated: 03/10/2014|
Heavily updated (to the studs in many units) property. Two 4 unit buildings. New siding, windows, central air. Updated interiors (paint, light fixtures, ceiling fans, baths/kitchens, etc).
All 2 bed / 1 bath units. Individually metered (very small operational cost).
Currently full and stays full easily. If viewing on street view, note that we've also heavily updated the building across the street as well (which quickly sold). Some of the data/pictures/info is based on that listing.
SELLER FINANCING AVAILABLE W/ 30% DOWN! (@7%, 20 year am, 3 year balloon)
See attached .pdf for more info.
Next to major schools and only a mile or two from the hottest A+ areas of Houston (Midtown/Montrose/Rice/ect.). This midtown area is exploding with new development all over the place.
NOTE: PRICE IS FIRM. IF YOU CONTACT US VIA THIS SITE, PLEASE LET US KNOW WHAT INFO WE CAN PROVIDE. GENERIC "SEND ME MORE INFO" E-MAILS WILL BE IGNORED.
SERIOUS INQUIRIES ONLY! If you've never bought a property, don't know the hot inner loop Houston market, or have no ability to buy, please move onto another listing. The financials and info provided is what we have. We can supply a detailed rent roll that breaks out the income to a legitimate buyer.
ANYONE SIMPLY PUSHING THE "REQUEST MORE INFO" BUTTON will be ignored (since it means you didn't bother to read the posting). If you have some questions, ask them in the message or call us. We're happy to help..
Sorry to be so blunt, but listing on loopnet brings out a lot of wannabes.
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