4515 Oxford St - Apartments FOR SALE


Houston, TX 77022- Independence Heights
$1,849,922 USD
713-551-6299
4515 Oxford St, Houston, TX for Sale
$1,849,922 USD
Apartments - FOR SALE
1/6
null | 8.65% Cap Rate

4515 Oxford St
Houston, TX 77022
Independence Heights


HIGHLIGHTS

  • Location, location, minutes from I-45 & Loop 610. Approximately 10 minutes from Downtown Houston. Near White Oak Music Hall & IAH Airport
  • 8.65% Cap Rate. Located in a rapidly improving area with ongoing redevelopment. Strong Rental Market in a High-Demand Area
  • • New roof (installed in 2025) • New central air conditioning systems • New PEX plumbing • New 300-foot main sewer line • New water heaters • Newly re

OVERVIEW

* 25-unit multifamily apartment community * Offered at $1,850,000 * Current Cap Rate: 8.65% * GRM: 6.17 * Strong value-add investment opportunity * Current monthly scheduled income of approximately $24,973 * Additional income generated through water reimbursement and parking fees * Predominantly 2 Bedroom / 1 Bathroom units averaging approximately 822 SF * Opportunity to increase rents through continued lease renewals and operational improvements * Ideal for investors seeking cash flow with upside potential * Eligible for 1031 Exchange buyers APPOINTMENT REQUIRED ** PLEASE DO NOT DISTURB TENANTS**

FOR SALE DETAILS

PRICE

$1,849,922 USD

PRICE/SF

$89 USD /SF

# OF UNITS

25

PRICE/UNIT

$73,997

CAP RATE

8.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

HZ

APN/PARCEL ID

0650980000058

ASK ABOUT THIS PROPERTY

Maria RebollarGold Quest RealtyMore Info
713-551-6299

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Maria RebollarGold Quest RealtyMore Info
713-551-6299

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