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Building 16 A,B,C & D 10317 Lake Rd 4 Unit Apartment Building $1,400,000 ($350,000/Unit) 7% Cap Rate Houston, TX 77070
Investment Highlights
- Turnkey Investment & Business Opportunity!
Executive Summary
Turnkey Investment & Business Opportunity! This newly built quad-plex in Northwest Houston is fully furnished and operating as a successful short-term rental business. With Superhost status, over 100 five-star reviews, and proven revenue, this property offers income from day one. Each of the 4 modern units features 2 bedrooms, 2 full bathrooms, a fully equipped kitchen, living room, washer/dryer, and private fenced patio. Guests enjoy gated security, ample parking, and access to a community park and dog park. Designed for efficiency and luxury, the property runs on automated systems with potential for $100K+ annual profit and ~7% return with optimized management. Prime location near Vintage Park shopping, dining, entertainment, and Kickerillo-Mischer Preserve, plus quick access to Hwy 99 and FM 249. Whether you’re seeking a hands-off investment or ready to scale hospitality profits, this quad-plex delivers the perfect blend of lifestyle and income potential.
Property Facts
| Price | $1,400,000 | Apartment Style | Garden |
| Price Per Unit | $350,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 4.64 AC |
| Cap Rate | 7% | Building Size | 4,666 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | ||
| Zoning | None | ||
| Price | $1,400,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.64 AC |
| Building Size | 4,666 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | None |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,166 |
1 1
Property Taxes
| Parcel Number | 1364930010001 | Improvements Assessment | $483,886 |
| Land Assessment | $697,056 | Total Assessment | $1,180,942 |
Property Taxes
Parcel Number
1364930010001
Land Assessment
$697,056
Improvements Assessment
$483,886
Total Assessment
$1,180,942
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Building 16 A,B,C & D | 10317 Lake Rd
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