Three-property industrial portfolio in South Houston totaling ±10,860 SF across three tenanted steel/metal warehouse buildings. Current gross income is $5,700/month, with upside through rent increases or renewals. Portfolio includes 1307 Illinois St, 1309 Illinois Ave (same lot must be sold together), and 1313 Illinois St (separate lot). Offered as a package with a discounted portfolio price: $1,300,000 with seller financing or $1,250,000 cash or conventional financing. Seller financing available with 30% down, 25-year amortization, and flexible terms of 36 months at 6% or 60 months at 8%. Strong small-bay industrial opportunity near Hobby Airport.
About Tenant:
877QuicDry is a family owned water damage restoration and mold remediation company serving residential and commercial clients. Their business is typically insurance-driven and service-based, supporting steady demand for warehouse, equipment, vehicle, and operations space. The tenant has occupied 1309 Illinois for approximately 20 years and has expressed interest in renewing, creating potential upside through lease renewal and rent adjustment.