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



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
- Operating and Financials
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 | Property Subtype | Apartment |
| Price Per Unit | $54,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 15.02% | Building Size | 7,625 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1945/2022 |
| Zoning | None - None | ||
| 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 | - |
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5101 Crane St
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