6912 Hirsch Rd - Apartments FOR SALE


Houston, TX 77016- Trinity-Houston Gardens
$849,999 USD
713-551-6299
6912 Hirsch Rd, Houston, TX for Sale
$849,999 USD
Apartments - FOR SALE
1/6
null | 8.07% Cap Rate

6912 Hirsch Rd
Houston, TX 77016
Trinity-Houston Gardens


HIGHLIGHTS

  • 100% Occupancy, Strong Cash Flow
  • Location, location , location. Minutes from Downtown Houston, & easy access to Hwy 59N & 610N

OVERVIEW

-Excellent opportunity to acquire a stabilized 9 unit multifamily investment near Downtown Houston, TX. The property consists of 5 separate low rise apartment buildings at 100% occupancy. -Property is currently producing income at a 8% CAP RATE, providing immediate cash flow while offering additional upside through future rental increases & operational improvements as well as future development (on vacant space available). -Conveniently located, excellent access to major highways (59N & 610), minutes from downtown Houston, close to major intercontinental airport & public transportation. - Ideal for investors seeking stable income producing asset with long term appreciation potential in one of Houstons established multifamily markets. -APPOINTMENT REQUIRED! Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$849,999 USD

PRICE/SF

$100 USD /SF

# OF UNITS

9

PRICE/UNIT

$94,444

CAP RATE

8.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6912 Hirsch Rd

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

NZ

APN/PARCEL ID

0650620020016

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.