Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

16-unit multifamily property on ±0.95-acre reserve tract in Northwest Houston. Four low-rise buildings totaling ±17,856 SF, built in 1984 and renovated in 2008. Two-bedroom units averaging ±1,116 SF with on-site parking and strong access to major corridors. Located in a stable workforce housing area with consistent rental demand.

Property Facts

Price $1,500,000
Price Per Unit $93,750
Sale Type Investment
Cap Rate 6.87%
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
Gross Rent Multiplier 7.5
No. Units 16
Property Type Multifamily
Building Size 17,856 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1984/2008
Opportunity Zone Yes
Zoning None

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 16 $1,300 1,116
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
  • Listing ID: 39935670

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: 6307 W Gulf Bank Rd, Houston, TX 77088

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}