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33 Single Family Home Portfolio 2632 Paul Quinn St 33 Unit Apartment Building $11,000,000 ($333,333/Unit) 7% Cap Rate Houston, TX 77091
EXECUTIVE SUMMARY
Great opportunity to be investor of 33 build to rent single family homes in growing north Houston independence heights area. Listing broker is experienced developer and builder, could be combined with other lots to build 100+ new construction rental homes..
All will be 2 story, 3 bedroom, 2.5 bath. Estimated completion 18 months after signing the contract and getting the down payment. Pictures are from nearby development developed by same developer. Listing agent is developer and seller.
All will be 2 story, 3 bedroom, 2.5 bath. Estimated completion 18 months after signing the contract and getting the down payment. Pictures are from nearby development developed by same developer. Listing agent is developer and seller.
PROPERTY FACTS
| Price | $11,000,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $333,333 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.92 AC |
| Cap Rate | 7% | Construction Status | Proposed |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 42,900 SF |
| No. Units | 33 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $11,000,000 |
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 1.92 AC |
| Construction Status | Proposed |
| Building Size | 42,900 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 33 | - | 1,700 - 1,800 |
1 1
PROPERTY TAXES
| Parcel Number | 1447950010006 | Improvements Assessment | $0 |
| Land Assessment | $45,486 | Total Assessment | $45,486 |
PROPERTY TAXES
Parcel Number
1447950010006
Land Assessment
$45,486
Improvements Assessment
$0
Total Assessment
$45,486
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33 Single Family Home Portfolio | 2632 Paul Quinn St
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