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8 Duplexes 8 Multifamily Properties Offered at $2,330,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- 100% Occupied, Perfect for 1031-Exchange. All units have private Entrances, Private Patio with Fenced in yards. Each tenants has a 4-car Tandem drive
- Open Floor plan, concrete flooring, split floor plan. Master at back of home
EXECUTIVE SUMMARY
8 Duplexes for Sale, 100% Occupied. 7 Duplexes in Montgomery 77356, Six Buildings are single story 988 SF per side, with 2 bedrooms 2 bath, open floor plan for Living an Kitchen, Dining Room, En-Suite Master, 2nd bedroom with Hall Bath. Private fenced in Patio. Concrete flooring, stainless steel appliance, Range, Microwave, Dishwasher, Side by side Refrigerator, some units have Washer & Dryers. All units have W&D Hook-ups. Fenced in Yard. 4 Car concrete Tandem Driveway for each side. One Building in Montgomery is a 2 story, 2028 SF, one side a 2 bedroom and the the other side with a 3 bedroom 2.5 bath. All Beds up and all Living Downstairs. Upstairs has laminate flooring. 1 unit in Conroe 77303. both are a 3 bedroom units, all bedrooms up, all living downstairs, oversized 1 car garage, fenced in private back-yard. On a street with no thru-traffic.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$264,050
|
| Other Income |
$2,610
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$266,660
|
| Taxes |
$45,600
|
| Operating Expenses |
$40,384
|
| Total Expenses |
$85,984
|
| Net Operating Income |
$180,676
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $264,050 |
| Other Income | |
|---|---|
| Annual | $2,610 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $266,660 |
| Taxes | |
|---|---|
| Annual | $45,600 |
| Operating Expenses | |
|---|---|
| Annual | $40,384 |
| Total Expenses | |
|---|---|
| Annual | $85,984 |
| Net Operating Income | |
|---|---|
| Annual | $180,676 |
PROPERTY FACTS
| Price | $2,330,000 | Number of Properties | 8 |
| Price / SF | $174.79 / SF | Individually For Sale | 0 |
| Sale Conditions | Total Building Size | 13,330 SF | |
| Sale Type | Investment | Total Land Area | 1.25 AC |
| Status | Active |
| Price | $2,330,000 |
| Price / SF | $174.79 / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 13,330 SF |
| Total Land Area | 1.25 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| Hemlock Duplex | Multifamily | 1,884 SF | 2023 | - |
| 1100 Mann Rd, Conroe, TX 77303 | Multifamily | 2,430 SF | 2023 | - |
| 15800 Cottonwood Dr, Montgomery, TX 77356 | Multifamily | 2,000 SF | 2021 | - |
| 15793 Pecan Dr, Montgomery, TX 77356 | Multifamily | 2,000 SF | 2021 | - |
| 15833 Cottonwood Dr, Montgomery, TX 77356 | Multifamily | 2,000 SF | 2021 | - |
| 15841 Beechnut Dr, Montgomery, TX 77356 | Multifamily | 2,000 SF | 2022 | - |
| 15627 Sycamore Dr, Montgomery, TX 77356 | Multifamily | 1,902 SF | 2021 | - |
| 15685 Pecan Dr, Montgomery, TX 77356 | Multifamily | 998 SF | 2021 | - |
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