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Texas
Houston, TX - 18.5M
Houston
Multifamily 100+
$
18500000
Houston
Description:
Details:
Discover the potential of this prime investment in a vintage 1976 multifamily property.
Offering 268 units, this Class-C gem presents a remarkable value-add opportunity that savvy investors won't want to miss.
Unlock its true potential with a pro forma NOI projected at $1,961,649.27, boasting an impressive pro forma cap rate of 10.60%.
This property stands ready to deliver exceptional returns while offering the chance for further enhancement.
Value Adds:
Miscellaneous:
On Site Mgmt and Maintenance
Security/Gated
Laundry on Site
More details:
$
18500000
Houston
CAP:
7.11%
Fee Paid By Buyer:
2%
NOI:
$1,316,107
Assumable Loan:
Seller Carry:
Doors:
268
Parking:
Price per Door:
$69,030
Keys:
Price per Key:
Assumable Amount:
Class:
C
Build Year:
1976
Reno Year:
Buildings:
Stories:
Under Roof SF:
Lot SF:
Zoning:
Contact us
For inquiries, reach out to taylor@introsatscale.com