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716 S 79th St 6 Unit Apartment Building $490,000 ($81,667/Unit) Houston, TX 77012
INVESTMENT HIGHLIGHTS
- New curbs, and streets, close to major freeways, near bus routes, and Metro rail.
EXECUTIVE SUMMARY
Excellent opportunity to own this 6-unit apartment complex located in the growing East End. Long term tenants fully occupied. Near bus routes and walking distance to Metro rail.
FINANCIAL SUMMARY (ACTUAL - 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 |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 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 | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $490,000 | Building Class | C |
| Price Per Unit | $81,667 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 2,888 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1940 |
| Apartment Style | Low-Rise |
| Price | $490,000 |
| Price Per Unit | $81,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,888 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1940 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Ceiling Fans
- Tile Floors
- Refrigerator
- Patio
- Workshop
SITE AMENITIES
- Gas Range
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 0252420000029 | Improvements Assessment | $134,351 (2025) |
| Land Assessment | $75,000 (2025) | Total Assessment | $209,351 (2025) |
PROPERTY TAXES
Parcel Number
0252420000029
Land Assessment
$75,000 (2025)
Improvements Assessment
$134,351 (2025)
Total Assessment
$209,351 (2025)
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716 S 79th St
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