3915 Bailey Ave | Manvel, TX 77578
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3915 Bailey Ave
Manvel, TX 77578
Flex Property For Sale
PROPERTY FACTS
| Property Type | Flex | Rentable Building Area | 6,250 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built/Renovated | 1991/2001 |
| Lot Size | 1.98 AC | ||
| Zoning | 0034 | ||
| Property Type | Flex |
| Property Subtype | |
| Building Class | C |
| Lot Size | 1.98 AC |
| Rentable Building Area | 6,250 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1991/2001 |
| Zoning | 0034 |
AMENITIES
- Storage Space
UTILITIES
- Lighting
- Water - City
- Sewer - City
- Heating - Electric
ABOUT 3915 BAILEY AVE , MANVEL, TX 77578
Total included in this price... 22 Storage units, currently 19 are rented out for a minimum of $120 per unit/monthly. 1 Efficiency Apartment rented for $400 per month. 1 Commercial Building of 1,344 sq/ft rented for $1,500 per month. Total monthly rental income at 100% occupancy is $4,540 per month. Current Cap Rate: 8.3%. Cap Rate at 100% occupancy: 9.2% (will have within 30 days if buyer does not choose to occupy building in front). Currently Grossing $4,180 per month. Room for rent raises.
PROPERTY TAXES
| Parcel Number | 0548-0010-110 | Improvements Assessment | $623,450 |
| Land Assessment | $219,410 | Total Assessment | $842,860 |
PROPERTY TAXES
Parcel Number
0548-0010-110
Land Assessment
$219,410
Improvements Assessment
$623,450
Total Assessment
$842,860
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