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16226 Wild Oak Ln
Conroe, TX 77302
Houston MSA - 19 Rental Property Portfolio · Multifamily Property For Sale
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19 Units
Investment Highlights
- 19 Rental houses in the same community
- Asking price equates to $134,000 per house while comps show strong market demand in the $170,000 - $180,000 for model match units.
- Rents 22% below market.
- over 8% Proforma with minimal capex
Property Facts
| No. Units | 19 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 26,264 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Single-Family Home | No. Stories | 1 |
| Building Class | B | Year Built | 2002 |
| Zoning | SFR - Properties are all in the Lone Star Ranch Community, a Single Family community northeast of Houston. | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 26,264 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 2002 |
| Zoning | SFR - Properties are all in the Lone Star Ranch Community, a Single Family community northeast of Houston. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 15 | $1,213 | 1,120 - 1,568 |
| 4+2 | 4 | $1,163 | 1,568 - 1,624 |
Property Taxes
| Parcel Number | 6941-04-10600 | Improvements Assessment | $89,764 |
| Land Assessment | $42,500 | Total Assessment | $132,264 |
Property Taxes
Parcel Number
6941-04-10600
Land Assessment
$42,500
Improvements Assessment
$89,764
Total Assessment
$132,264
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