307 S 79th St - Multi-Family FOR SALE


Houston, TX 77012- Magnolia Park
$450,000 USD
832-206-7501
307 S 79th St, Houston, TX for Sale
$450,000 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

307 S 79th St
Houston, TX 77012
Magnolia Park


HIGHLIGHTS

  • Tri-Plex w/+/- 5,000 sf of additional land. Per sellers; All work was COH permitted +/-$100k in redeveloping this asset.
  • (e.g. roof/decking, E-wire/breakers, plumbing, exterior cement board, foundation, doors, flooring, sheet-rock, fixtures,
  • bathrooms, kitchens, h2o heater, paint in/out) Per sellers, seller finance requirement (with sellers approval):
  • credit report, 10% down, 20 year amortization, 10% interest, no early prepayment penalty.
  • All buyers must show proof of the ability to purchase. Tours on purchase offering approval from sellers.
  • “DO NOT WALK THE PROPERTY, CONTACT THE LEASING OFFICE, OR APPROACH TENANTS UNDER ANY CIRCUMSTANCES.”

OVERVIEW

Tri-Plex w/+/- 5,000 sf of additional land. Per sellers; All work was COH permitted +/-$100k in redeveloping this asset. (e.g. roof/decking, E-wire/breakers, plumbing, exterior cement board, foundation, doors, flooring, sheet-rock, fixtures, bathrooms, kitchens, h2o heater, paint in/out) Per sellers, seller finance requirement (with sellers approval): credit report, 10% down, 20 year amortization, 10% interest, no early prepayment penalty. All buyers must show proof of the ability to purchase. Tours on purchase offering approval from sellers. “DO NOT WALK THE PROPERTY, CONTACT THE LEASING OFFICE, OR APPROACH TENANTS UNDER ANY CIRCUMSTANCES.” Email questions.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

3

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tri-Plex w/Additional Land

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

N/A

APN/PARCEL ID

0252310000022

ASK ABOUT THIS PROPERTY

Julian R. CortinasCortinas CREMore Info
832-206-7501

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Julian R. CortinasCortinas CREMore Info
832-206-7501

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