713-292-8357
4613 Cavalcade St, Houston, TX for Sale
Apartments - FOR SALE
1/6
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4613 Cavalcade St
Houston, TX 77026
Kashmere Gardens


OVERVIEW

Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history. The property is currently 100% occupied. Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOI, based on January through July 2026 operations. Investment Highlights: - 10 2 bed/1 bathroom units - Recently stabilized and 100% occupied - Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS). Financials and rent roll available upon request. Broker of Record: Sarah Virani (622119)

FOR SALE DETAILS

PRICE

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# OF UNITS

10

CAP RATE

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% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Londonaire Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

-

APN/PARCEL ID

0651220120182

ASK ABOUT THIS PROPERTY

Mikayel Aakil-BeyCapital Investment, LLCMore Info
713-292-8357

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Mikayel Aakil-BeyCapital Investment, LLCMore Info
713-292-8357

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