2816 Lafferty Rd - Apartments FOR SALE


Pasadena, TX 77502- Southeast Houston
$495,000 USD
713-458-8686
2816 Lafferty Rd, Pasadena, TX for Sale
$495,000 USD
Apartments - FOR SALE
1/9
null | 8% Cap Rate

2816 Lafferty Rd
Pasadena, TX 77502
Southeast Houston


HIGHLIGHTS

  • 4-Plex
  • Room to build more units
  • Walking distance to Park and School

OVERVIEW

Exceptional opportunity! This fully leased 4-plex offers four spacious 2-bedroom, 2-bath units, each designed for comfortable living with functional layouts in a 2 story townhome style property with modern amenities and onsite laundry room. All units have there own private balcony, patio and covered parking area. A brand new roof was recently installed, all leases are currently month to month providing options for the new owner. Ideally situated directly in front of a beautiful city park featuring tennis courts, baseball fields, and a water park—providing endless outdoor activities just steps from the property. Bailey Elementary school is located 1 block away. Strong rental potential, unbeatable location, and proximity to recreation and education make this property a standout addition to any portfolio. Property has prelim docs available for a future built on the location.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$113 USD /SF

# OF UNITS

4

PRICE/UNIT

$123,750

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

0610860000119

ASK ABOUT THIS PROPERTY

Joel VazquezRealty of AmericaMore Info
713-458-8686

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Joel VazquezRealty of AmericaMore Info
713-458-8686

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