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25 Parker Rd 6 Unit Apartment Building $1,350,000 ($225,000/Unit) Houston, TX 77076
Investment Highlights
- Almost new construction with first class finishes
- Additional Storage for Rent and on-site utility room.
- Controlled Access
Executive Summary
Six Unit Multi-family project with secured access located in Northeast Houston in the heart of Airline/Parker Rd. demographic area. Built in 2020 this meticulously maintained complex has "A" quality finish out such as: S/S kitchen appliances, granite counter tops, Kohler plumbing fixtures, tile floors throughout, custom cabinets, mini blinds, and more. Also boasts a separate utility room, self storage units for rent, green space with a BBQ Pit.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$97,200
|
$19.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$97,200
|
$19.32
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$36,000
|
$7.15
|
| Net Operating Income |
$61,200
|
$12.16
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $97,200 |
| Annual Per SF | $19.32 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $97,200 |
| Annual Per SF | $19.32 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $7.15 |
| Net Operating Income | |
|---|---|
| Annual | $61,200 |
| Annual Per SF | $12.16 |
Property Facts
| Price | $1,350,000 | Apartment Style | Low-Rise |
| Price Per Unit | $225,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.40 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 5,032 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 3.58/1,000 SF |
| Price | $1,350,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 5,032 SF |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 3.58/1,000 SF |
Amenities
Site Amenities
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Grill
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0352550010006 | Improvements Assessment | $460,703 |
| Land Assessment | $246,806 | Total Assessment | $707,509 |
Property Taxes
Parcel Number
0352550010006
Land Assessment
$246,806
Improvements Assessment
$460,703
Total Assessment
$707,509
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SD Cumley Properties
25 Parker Rd
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