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Investor Special: 16-Unit Multifamily 7930 Ritz St 16 Unit Apartment Building $550,000 ($34,375/Unit) Houston, TX 77028
INVESTMENT HIGHLIGHTS
- 4,447 SQ. FT. Building
- Prime Houston Location
- Spacious Floor Plans
- 16 Units
- Ample Parking
- Potential for Value-Add Improvements
EXECUTIVE SUMMARY
Welcome to 7930 Ritz Street #16, Houston, TX 77028—a prime investment opportunity in the heart of Houston. This 4,447 square foot property, situated on a 14,760 square foot lot, features 16 units, offering significant income potential.
Built in 1975, this multifamily/property includes a community laundry facility and office space, with the option to convert these areas into additional units to maximize revenue.
Don't miss out on this exceptional investment opportunity to expand your real estate portfolio with a property that offers both stability and growth potential.
Built in 1975, this multifamily/property includes a community laundry facility and office space, with the option to convert these areas into additional units to maximize revenue.
Don't miss out on this exceptional investment opportunity to expand your real estate portfolio with a property that offers both stability and growth potential.
PROPERTY FACTS
| Price | $550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $34,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Sale Condition | Distress Sale | Building Size | 4,447 SF |
| No. Units | 16 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1975 |
| Price | $550,000 |
| Price Per Unit | $34,375 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,447 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1975 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
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PROPERTY TAXES
| Parcel Number | 0300180180013 | Improvements Assessment | $153,729 |
| Land Assessment | $88,560 | Total Assessment | $242,289 |
PROPERTY TAXES
Parcel Number
0300180180013
Land Assessment
$88,560
Improvements Assessment
$153,729
Total Assessment
$242,289
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Investor Special: 16-Unit Multifamily | 7930 Ritz St
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