-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.