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Inwood Village 12-Unit 4-Plex Portfolio 3 Multifamily Properties Offered at $1,107,000 in Houston, TX
Investment Highlights
- Spacious and bright floor plans
- Centrally located
- Gated and patrolled
- Hardie and brick construction
- Remote owner ready - onsite HOA management
Executive Summary
Inwood Village Multi-Family Portfolio presents an exceptional opportunity to acquire a stabilized, recently renovated asset in Houston’s established Inwood Village submarket below replacement cost.
The portfolio comprises three four-unit buildings (one-, two-, and three-bedroom floorplans) on TC Jester Boulevard, offering strong rental demand and recent upgrades throughout. Sub-metered utilities and HOA-managed exterior maintenance make the property ideal for remote owners or investors seeking streamlined operations and reliable income. Individuals and Agents welcome. ***No Owner Financing*** ***Serious buyers please EMail matt@smartlycapital.com with Specific Questions***
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INVESTMENT HIGHLIGHTS
• Stabilized asset with immediate cash flow
• Recent renovations and capital improvements
• Strong 8-10% projected cap rate
• Unit Mix 1/1 (6), 2/2 (3), 3/2 (3)
• Excellent location with access to I-45 and 610
• Strong rental demand in established market
---------------------------------------------------------------
PROPERTY DETAILS
Year Built/Renovated: 1983/2022-2025
Total Units: 12
Units/Bldg: 4
Type: Multifamily
Bedrooms: 21
Bathrooms: 18
Building Class: C
Average Occupancy: 50%
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AMENITIES
Unit Amenities:
Dishwasher, Disposal, Central A/C and Heating, Refrigerator, Range, Washer / Dryer (10/12)
Site Amenities:
Property Manager on Site, Security, Gated with security card, Property Management office
The portfolio comprises three four-unit buildings (one-, two-, and three-bedroom floorplans) on TC Jester Boulevard, offering strong rental demand and recent upgrades throughout. Sub-metered utilities and HOA-managed exterior maintenance make the property ideal for remote owners or investors seeking streamlined operations and reliable income. Individuals and Agents welcome. ***No Owner Financing*** ***Serious buyers please EMail matt@smartlycapital.com with Specific Questions***
------------------------------------------------------------------
INVESTMENT HIGHLIGHTS
• Stabilized asset with immediate cash flow
• Recent renovations and capital improvements
• Strong 8-10% projected cap rate
• Unit Mix 1/1 (6), 2/2 (3), 3/2 (3)
• Excellent location with access to I-45 and 610
• Strong rental demand in established market
---------------------------------------------------------------
PROPERTY DETAILS
Year Built/Renovated: 1983/2022-2025
Total Units: 12
Units/Bldg: 4
Type: Multifamily
Bedrooms: 21
Bathrooms: 18
Building Class: C
Average Occupancy: 50%
---------------------------------------------------------------
AMENITIES
Unit Amenities:
Dishwasher, Disposal, Central A/C and Heating, Refrigerator, Range, Washer / Dryer (10/12)
Site Amenities:
Property Manager on Site, Security, Gated with security card, Property Management office
Data Room Click Here to Access
Taxes & Operating Expenses (Pro Forma - 2026) |
Annual |
|---|---|
| Gross Rental Income |
$195,084
|
| Other Income |
-
|
| Vacancy Loss |
$19,508
|
| Effective Gross Income |
$175,576
|
| Taxes |
$18,900
|
| Operating Expenses |
$39,625
|
| Total Expenses |
$58,525
|
| Net Operating Income |
$117,051
|
Taxes & Operating Expenses (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $195,084 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | $19,508 |
| Effective Gross Income | |
|---|---|
| Annual | $175,576 |
| Taxes | |
|---|---|
| Annual | $18,900 |
| Operating Expenses | |
|---|---|
| Annual | $39,625 |
| Total Expenses | |
|---|---|
| Annual | $58,525 |
| Net Operating Income | |
|---|---|
| Annual | $117,051 |
Property Facts
| Price | $1,107,000 | Number of Properties | 3 |
| Price / SF | $97.28 / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 11,379 SF |
| Sale Type | Investment | Total Land Area | 0.49 AC |
| Status | Active |
| Price | $1,107,000 |
| Price / SF | $97.28 / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,379 SF |
| Total Land Area | 0.49 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7200 W T C Jester Blvd, Houston, TX 77088 | Multifamily | 3,793 SF | 1983 | - |
|
18
7200 W T C Jester Blvd, Houston, TX 77088 |
Multifamily | 3,793 SF | 1983 | - |
|
Inwood Village
7200 W T C Jester Blvd, Houston, TX 77088 |
Multifamily | 3,793 SF | 1983 | - |
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Smartly Capital
Inwood Village 12-Unit 4-Plex Portfolio
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