12606 Ashford Meadow Dr - Multi-Family FOR SALE


Houston, TX 77082- Briar Village
$385,000 USD
612-203-0177
12606 Ashford Meadow Dr, Houston, TX for Sale
$385,000 USD
Multi-Family - FOR SALE
1/21
null | 9.12% Cap Rate

12606 Ashford Meadow Dr
Houston, TX 77082
Briar Village


HIGHLIGHTS

  • Sectoin 8 Tenants. Longterm
  • 1-4 Single Family Loans For Investors
  • High Cashflow Turnkey Property

OVERVIEW

?? 4-Plex Investment Highlights Total Building Size: 3,927 sq ft Unit Mix: 4 Units — Each 2 Bed / 2 Bath (Total: 8 Beds / 8 Baths) Full Potential Rent 4 units: $6000/month (Current rent $5725/month) Occupancy: 100% — 4 units fully occupied with long-term tenants renewing yearly. ?? Income & Rent Stability 3 of 4 units on Section 8 Housing: Rent paid promptly on the 1st of each month Annual inspections conducted by Housing Authority Unit C has rent increase potential through Section 8 — paperwork needs to be completed 2 units fully renovated (Unit B in the front and Unit D on the back) 2 unrenovated units offer upside — potential to increase rent with improvements

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

4

PRICE/UNIT

$96,250

CAP RATE

9.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey 4Plex for Sale

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,302 SF

ZONING

-

APN/PARCEL ID

1149550000047

ASK ABOUT THIS PROPERTY

Rex YalavarthiTRINITYPARKER LLCMore Info
612-203-0177

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Rex YalavarthiTRINITYPARKER LLCMore Info
612-203-0177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.