7120 Cole Creek Dr - Apartments FOR SALE


Houston, TX 77092- Brookhollow/Inwood
$1,225,000 USD
832-900-9494
7120 Cole Creek Dr, Houston, TX for Sale
$1,225,000 USD
Apartments - FOR SALE
1/17
null | 6.33% Cap Rate

7120 Cole Creek Dr
Houston, TX 77092
Brookhollow/Inwood


HIGHLIGHTS

  • All 8 Units Feature Fireplace
  • Fully Occupied with Stable, Long-Term Tenants
  • Prime Location Near Hwy 290 & Loop 610
  • Well-Maintained Asset in a Quiet Community

OVERVIEW

Introducing Cole Creek Estates, an exceptional 8-unit multifamily investment opportunity located at 7120 Cole Creek Dr, Houston, TX 77092. This well-maintained property offers investors a chance to secure reliable cash flow and long-term value in a prime location near Hwy 290 and Loop 610 in Houston. Each unit features a charming fireplace, adding warmth and appeal for residents, and the property, although not recently modernized, is in excellent condition with consistent care. Benefiting from a history of stable, long-term tenants, Cole Creek Estates delivers steady income with minimal turnover. Situated in a high-growth corridor of Houston, this asset caters to a diverse demographic, with its close proximity to popular amenities ensuring ongoing demand. Ideal for both seasoned investors and first-time buyers in multifamily real estate, don't miss this opportunity to acquire a valuable asset in a sought-after community. The seller will consider selling each unit separately. They each have an individual tax ID. ***Please do not approach or contact tenants, all tours are accompanied and are scheduled in advance***

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

36

PRICE/UNIT

$34,028

CAP RATE

6.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Unit Multifamily Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,530 SF

ZONING

None

APN/PARCEL ID

0922110000025,0922110000027

ASK ABOUT THIS PROPERTY

Lance HightowerCompass Real EstateMore Info
832-900-9494

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Lance HightowerCompass Real EstateMore Info
832-900-9494

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