404 S. Hood St offers a stabilized, cash-flowing Class C multifamily investment in the South Brazoria County submarket, within Greater Houston’s path of growth. Built in 1972 with 2023–2024 CapEx improvements, this two-building garden-style property is 100% occupied and primed for immediate rent growth. Immediate Rent Upside: 7 of 10 units are leased below $1,050; reposition to $1,100–$1,200 for a 10-15% NOI lift in 12 months. Stabilized Cash Flow: Fully occupied with only 1% concessions vs 3.7% submarket average, indicating resilient demand. Turnkey, Low CapEx Risk: Recent upgrades reduce near-term maintenance needs. Emerging Submarket: Alvin projects 11% population and household growth 2024–2029, outperforming other Houston suburbs. Tax-Advantaged Location: Census Tract 6614 qualifies as an Opportunity Zone, allowing 1031 or OZ investors to defer and reduce capital gains tax exposure.