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5610 Patrick St 5 Unit Apartment Building $1,249,500 ($249,900/Unit) 4.80% Cap Rate Houston, TX 77076
Investment Highlights
- 100% occupied
- Gated community
- Attached two-car garages
- Built in 2020
- Located in a growth corridor
- Single HOA across all units
Executive Summary
Five Townhomes. Fully Occupied, Income Locked In. Built 2020, gated-community townhomes in Independence Heights - one of Houston's fastest-growing corridors. All five units are leased, with three running through 2027-2028.
Property Facts
| Price | $1,249,500 | Property Subtype | Apartment |
| Price Per Unit | $249,900 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 4.80% | Building Size | 6,930 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2020 |
| Price | $1,249,500 |
| Price Per Unit | $249,900 |
| Sale Type | Investment |
| Cap Rate | 4.80% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 6,930 SF |
| No. Stories | 2 |
| Year Built | 2020 |
Amenities
Site Amenities
- Gated
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
5610 Patrick St