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6912 Hirsch Rd 6912 Hirsch Rd 9 Unit Apartment Building $849,999 ($94,444/Unit) 8.07% Cap Rate Houston, TX 77016
Investment Highlights
- 100% Occupancy, Strong Cash Flow
- Location, location , location. Minutes from Downtown Houston, & easy access to Hwy 59N & 610N
Executive Summary
-Excellent opportunity to acquire a stabilized 9 unit multifamily investment near Downtown Houston, TX. The property consists of 5 separate low rise apartment buildings at 100% occupancy.
-Property is currently producing income at a 8% CAP RATE, providing immediate cash flow while offering additional upside through future rental increases & operational improvements as well as future development (on vacant space available).
-Conveniently located, excellent access to major highways (59N & 610), minutes from downtown Houston, close to major intercontinental airport & public transportation.
- Ideal for investors seeking stable income producing asset with long term appreciation potential in one of Houstons established multifamily markets.
-APPOINTMENT REQUIRED! Please do not disturb tenants.
-Property is currently producing income at a 8% CAP RATE, providing immediate cash flow while offering additional upside through future rental increases & operational improvements as well as future development (on vacant space available).
-Conveniently located, excellent access to major highways (59N & 610), minutes from downtown Houston, close to major intercontinental airport & public transportation.
- Ideal for investors seeking stable income producing asset with long term appreciation potential in one of Houstons established multifamily markets.
-APPOINTMENT REQUIRED! Please do not disturb tenants.
Financial Summary (Actual - 2025) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $849,999 | Property Subtype | Apartment |
| Price Per Unit | $94,444 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.55 AC |
| Cap Rate | 8.07% | Building Size | 8,490 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 7.24 | No. Stories | 1 |
| No. Units | 9 | Year Built/Renovated | 1950/2026 |
| Property Type | Multifamily | Parking Ratio | 2.36/1,000 SF |
| Zoning | NZ - Unzoned | ||
| Price | $849,999 |
| Price Per Unit | $94,444 |
| Sale Type | Investment |
| Cap Rate | 8.07% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 7.24 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 8,490 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2026 |
| Parking Ratio | 2.36/1,000 SF |
| Zoning | NZ - Unzoned |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 9 | $1,100 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0650620020016 | Total Assessment | $717,966 |
| Land Assessment | $213,840 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $504,126 | Tax Year | 2025 |
Property Taxes
Parcel Number
0650620020016
Land Assessment
$213,840
Improvements Assessment
$504,126
Total Assessment
$717,966
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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6912 Hirsch Rd | 6912 Hirsch Rd