5408 Market St - Apartments FOR SALE


Houston, TX 77020- Fifth Ward
$2,800,000 USD
281-451-8437
5408 Market St, Houston, TX for Sale
$2,800,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

5408 Market St
Houston, TX 77020
Fifth Ward


HIGHLIGHTS

  • Immediate Returns
  • Assumable Financing Advantage
  • Supply-Constrained Market

OVERVIEW

Located in Houston's rapidly transforming Greater Fifth Ward / East End submarket, Wheatley Court Apartments offers investors a rare opportunity to acquire a fully stabilized, 100% occupied, cash-flowing asset. Fresh off a documented $500,000 capital improvement program completed in 2024, this 32-unit multifamily complex delivers immediate operational stability with credible, realistic upside — not speculative promises.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

32

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turn Key Stabilized Multifamily Asset

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

0631680010001

ASK ABOUT THIS PROPERTY

Kevin Riles, Ph.D.,CCIMKevin Riles CommercialMore Info
281-451-8437

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

Kevin Riles, Ph.D.,CCIMKevin Riles CommercialMore Info
281-451-8437

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