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3501 Brewster St
Houston, TX 77026
Brewster Living · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 8,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | B | Parking Ratio | 2.74/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | None - None | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 8,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.74/1,000 SF |
| Zoning | None - None |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Security System
- Ceiling Fans
- Crown Molding
- Granite Countertops
- Refrigerator
- Attic
- Grill
- Double Pane Windows
SITE AMENITIES
- Fenced Lot
ABOUT 3501 BREWSTER ST , HOUSTON, TX 77026
Completely rebuilt from the ground up! Over $800k invested into rehab of this property. Property is fully master leased to a Sober Living "Rehab" facility that assumes all cost of operations and tenders monthly rent in a lump sum $9700 payment at the beginning of the month. Master lease is a NNN lease (tenants pay for all bills including insurance!) all landlord pays for is taxes at the end of the year. No management, just automatic cashflow. Three more years on lease (lease expires Oct 2021). All spacious 12 units are 2 bed 1 bath. All units are brand new with wear-resistant luxurious materials. Plenty of parking spots with surrounding perimeter privacy fence and automatic electronic gate. Located only 7 minutes away from downtown, next to major highway system and commercial centers. This property is positively cash-flowing with little effort. Great opportunity for Turnkey investors looking for cashflow with minimum management!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $9,700 | 773 |
PROPERTY TAXES
| Parcel Number | 0121690000004 | Improvements Assessment | $647,071 |
| Land Assessment | $192,500 | Total Assessment | $839,571 |
PROPERTY TAXES
