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7301 Sherman St
Houston, TX 77011
Multifamily Property For Sale
·
6 Units
Executive Summary
Renovated in 2024, this 4-unit property at 7301 Sherman St is located in Houston's East End in a Prime Area for Investment.? The property is Opportunity Zoned, which yields more incentive to investors! Build Equity & Cash Flow with this turnkey property! Adjacent homes can also be purchased in the package if interested.?
Located minutes from The East River Project, EADO, Downtown Houston, University of Houston, Texas Medical Center and much more.? Growing demand in the Real Estate market of this area.? The local apartment submarket indicates stable occupancy with increasing rental rates.? New residential and commercial developments in the immediate area.?
Located minutes from The East River Project, EADO, Downtown Houston, University of Houston, Texas Medical Center and much more.? Growing demand in the Real Estate market of this area.? The local apartment submarket indicates stable occupancy with increasing rental rates.? New residential and commercial developments in the immediate area.?
Property Facts
| Price Per Unit | $90,500 | Building Size | 3,725 SF |
| Sale Type | Investment | Average Occupancy | 85% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1930/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.61/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Lot Size | 0.08 AC | ||
| Zoning | None | ||
| Price Per Unit | $90,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.08 AC |
| Building Size | 3,725 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2024 |
| Parking Ratio | 1.61/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | None |
Amenities
Unit Amenities
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 600 - 620 |
Property Taxes
| Parcel Number | 0251210000022 | Improvements Assessment | $271,931 |
| Land Assessment | $112,500 | Total Assessment | $384,431 |
Property Taxes
Parcel Number
0251210000022
Land Assessment
$112,500
Improvements Assessment
$271,931
Total Assessment
$384,431
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