321 West Alabama & 3803 Bute Street | Houston, TX 77006 Dynamic & Unique Mid-Century Income-Producing Two-Level Commercial Building Rare Large Parking Lot — OLD Montrose Investment Highlights 5.16% NOI cap rate — Based on 100% occupancy, current rent roll (includes owner leasing the unit they use) (Gross rent roll: approx. $176,760 per year; 2024 expenses approx. $58,015 deducted) (Current NOI: approx. $118,745 per year) Current rent roll & expense details available upon request Property Overview 7 total leasable units Approx. 6,720 SF of improvements on about 12,500 SF of land 4 updated studio/efficiency apartments (approx. 500 SF each) 2 large lower-level commercial/retail units (approx. 4,000 SF total), each with 2 baths and W/D connections Commercial/retail units likely have under-market rental rates compared to area averages 1 unit used as workshop/owner storage (approx. 1,000 SF) Large parking lot — rare for OLD Montrose Property Features All electric, individually metered units (Natural gas available to the property, but not in use on-site) Owner pays water and trash dumpster for all tenants Commercial tenants on NN reimbursement for taxes and insurance; tenants cover their own on-premise electricity and maintenance Located in Historic First Montrose Commons, on the edge of Midtown Non-contributing structure — no additional historic or other property taxes Property spans corner-to-corner (from Seller): • ~42' frontage on W. Alabama St. • ~249' frontage on Bute St. • ~60' frontage on Sul Ross St. 48-hour notice required to show property; broker must accompany ? Contact us for the current rent roll, expense details, and further financial analysis.