3046 Golfcrest Blvd 24 Unit Apartment Building $2,712,000 ($113,000/Unit) Houston, TX 77087

Conveniently located near the 610 Loop, this 24-unit multifamily property presents an outstanding opportunity to acquire a well-positioned, income-producing asset in the heart of Houston. The unit mix consists of 20 spacious one-bedroom, one-bathroom units and 4 two-bedroom, two-bathroom units. Each unit is equipped with central air conditioning and heating, providing residents with modern comfort and convenience. Tenants are responsible for their own electricity, helping minimize operating expenses and enhance the property's investment appeal. With only two current vacancies, the property offers investors the rare opportunity to acquire a stabilized asset with strong in-place occupancy and immediate upside potential. Amenities include a covered parking area adjacent to the building and an on-site laundry facility, enhancing tenant convenience and retention. Current ownership has completed significant interior and exterior improvements, creating a solid foundation for future ownership while still leaving opportunities for strategic upgrades to further increase revenue and maximize returns.
Whether you are a first-time multifamily investor or seeking to expand an existing portfolio, this property represents an exceptional opportunity to acquire a centrally located asset with strong cash flow and value-add potential in one of Houston's most desirable rental markets.