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Texas
Houston, TX - 11.5M
Houston
Multifamily 100+
$
11500000
Houston
Description:
Details:
Unit Mix
2 Bed/ 2 Bath 65
1 Bed/1 Bath 58
Studio/1 Bath 13
2 Bed/1.5 Bath 4
3 Bed/2 Bath 4
Total 144
Pool, Playground, All Utilities Paid
Value Adds:
Proforma can reach well over 8% with 2025 increases/renewal
SELLER FINANCE CONSIDERED: 20% DOWN | 80% 2-yrs@6.7%
Possible ALTERNATIVE FINANCING: 15% DOWN | 70% BANK LOAN | 15% SELLER SECOND
Miscellaneous:
High Occupancy!
Value Add opportunities
Upgrade finishes
RUBS
W/D Units
More details:
$
11500000
Houston
CAP:
6.9%
Fee Paid By Buyer:
2%
NOI:
$799,000
Assumable Loan:
Seller Carry:
Yes
Doors:
144
Parking:
Price per Door:
$80,556
Keys:
Price per Key:
Assumable Amount:
Class:
Build Year:
1964
Reno Year:
Buildings:
Stories:
Under Roof SF:
Lot SF:
Zoning:
Contact us
For inquiries, reach out to taylor@introsatscale.com