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5101 Crane St 5 Unit Apartment Building $270,000 ($54,000/Unit) 15.02% Cap Rate Houston, TX 77026

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INVESTMENT HIGHLIGHTS

  • 10 Minutes from Downtown

EXECUTIVE SUMMARY

Boasting four fully-occupied units, this property promises a steady stream of income from day one. Whether you're a seasoned investor or exploring your first income property, seize the chance to secure a profitable asset in one of Houston's most coveted locations. Don't miss out on this exceptional opportunity to elevate your investment portfolio. Contact us today to schedule a viewing.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $270,000
Price Per Unit $54,000
Sale Type Investment
Cap Rate 15.02%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.17 AC
Building Size 7,625 SF
No. Stories 1
Year Built/Renovated 1945/2022
Zoning None - None

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Tub/Shower
  • Yard
  • Family Room
  • Garden
  • Instant Hot Water

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,100 -
Studios 2 $700.00 -
  • Listing ID: 33090856

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 5101 Crane St, Houston, TX 77026

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