Log In/Sign Up
Your email has been sent.
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 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0651230230418 | Improvements Assessment | $120,950 (2025) |
| Land Assessment | $57,853 (2025) | Total Assessment | $178,803 (2025) |
Property Taxes
Parcel Number
0651230230418
Land Assessment
$57,853 (2025)
Improvements Assessment
$120,950 (2025)
Total Assessment
$178,803 (2025)
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5101 Crane St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.