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W23rd St 2 Multifamily Properties Offered at $1,800,000 in Houston, TX
INVESTMENT HIGHLIGHTS
- 15 min to downtown Houston.
- Walking distance to nearby eateries and shopping
EXECUTIVE SUMMARY
Two 3 story townhomes built 2022 and fully stabilized generating $133,020 gross income.These townhomes can be sold together or separately.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $1,800,000 | Status | Active |
| Price / SF | $148.39 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.37% | Total Building Size | 12,130 SF |
| Sale Type | Investment | Total Land Area | 0.05 AC |
| Price | $1,800,000 |
| Price / SF | $148.39 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.37% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,130 SF |
| Total Land Area | 0.05 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1421 W 23rd St, Houston, TX 77008 | Multifamily | 9,704 SF | 2022 | - |
| 1423 W 23rd St, Houston, TX 77008 | Multifamily | 2,426 SF | 2021 | - |
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Presented by
Manco Associates
W23rd St
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