7115 Dixie Dr - Apartments FOR SALE


Houston, TX 77087- Golfcrest
$1,750,000 USD
713-478-0146
7115 Dixie Dr, Houston, TX for Sale
$1,750,000 USD
Apartments - FOR SALE
1/6
null | 8.04% Cap Rate

7115 Dixie Dr
Houston, TX 77087
Golfcrest


HIGHLIGHTS

  • Below market rent
  • Roof replaced in 2022
  • RUBS in place
  • Close proximity to HOU Hobby airport & 610 loop

OVERVIEW

20 Units: (1) 2 BR/1 BA, (13) 1 BR/1 BA, (6) Studios Total Building Size: 9,930sf Lot Size: 1.13 Acres 8% Cap Rate NOI: $164,413 Below market rent Roof replaced in 2022 RUBS in place Close proximity to HOU Hobby Airport, 610 Loop, and I-45 Outside of all flood zones

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

20

PRICE/UNIT

$87,500

CAP RATE

8.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8% Cap Rate Multi-Family Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

0650170010047

ASK ABOUT THIS PROPERTY

Marina AliEvermark Commercial GroupMore Info
713-478-0146

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Marina AliEvermark Commercial GroupMore Info
713-478-0146

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