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Turn Key Stabilized Multifamily Asset 5408 Market St 32 Unit Apartment Building $2,800,000 ($87,500/Unit) Houston, TX 77020

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Investment Highlights

Immediate Returns
Supply-Constrained Market

Assumable Financing Advantage

Executive Summary

Located in Houston's rapidly transforming Greater Fifth Ward / East End submarket, Wheatley Court Apartments offers investors a rare opportunity to acquire a fully stabilized, 100% occupied, cash-flowing asset. Fresh off a documented $500,000 capital improvement program completed in 2024, this 32-unit multifamily complex delivers immediate operational stability with credible, realistic upside — not speculative promises.

Wheatley_Court_OM July2026

Property Facts

Price	$2,800,000	Building Class	C
Price Per Unit	$87,500	Lot Size	0.52 AC
Sale Type	Investment	Building Size	34,896 SF
No. Units	32	Average Occupancy	100%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment	Year Built	1955
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,800,000
Price Per Unit	$87,500
Sale Type	Investment
No. Units	32
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.52 AC
Building Size	34,896 SF
Average Occupancy	100%
No. Stories	2
Year Built	1955
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.