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Investment Highlights
- 100% Occupied
- Onsite Laundry
- Walking Distance from University of Houston and Texas Southern University
Executive Summary
5 Unit Multi-Family Apartment Building
Building Size: 3,072 SF
100% Occupied
Convenient Access to Major Freeways
Walking Distance from University of Houston and Texas Southern University
Onsite Laundry
Secure Parking
8.48% Cap Rate
Building Size: 3,072 SF
100% Occupied
Convenient Access to Major Freeways
Walking Distance from University of Houston and Texas Southern University
Onsite Laundry
Secure Parking
8.48% Cap Rate
Property Facts
| Sale Type | Investment | Building Size | 3,072 SF |
| Cap Rate | 8.48% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1940/2016 |
| Property Subtype | Apartment | Parking Ratio | 2.28/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Lot Size | 0.10 AC | ||
| Zoning | None - None | ||
| Sale Type | Investment |
| Cap Rate | 8.48% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.10 AC |
| Building Size | 3,072 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2016 |
| Parking Ratio | 2.28/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | None - None |
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 0571470010006 | Improvements Assessment | $189,600 |
| Land Assessment | $146,200 | Total Assessment | $335,800 |
Property Taxes
Parcel Number
0571470010006
Land Assessment
$146,200
Improvements Assessment
$189,600
Total Assessment
$335,800
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