7938 Kerr St - Apartments FOR SALE


Houston, TX 77029- Denver Harbor-Port Houston
$449,000 USD
713-614-5888
7938 Kerr St, Houston, TX for Sale
$449,000 USD
Apartments - FOR SALE
1/8
null | 8.22% Cap Rate


OVERVIEW

With rents up to market and very good condition 7938 Kerr St presents a compelling multifamily investment opportunity in Houston’s rapidly growing 77029 submarket, strategically located near Port Houston, major industrial employment hubs, Downtown Houston, and key transportation corridors including I-10 and Loop 610. The property consists of 6 residential units situated on a 5,000 SF lot and offers investors the ability to capitalize on an already stabilized rental scenario. Positioned within an Opportunity Zone and surrounded by strong workforce housing demand drivers, the asset benefits from Houston’s continued population and employment growth while offering long-term appreciation potential in a high-demand infill location.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

6

PRICE/UNIT

$74,833

CAP RATE

8.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7938 Kerr St, Houston 77029

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,003 SF

ZONING

None

APN/PARCEL ID

0292640000010

ASK ABOUT THIS PROPERTY

Otto MunizPrime Gear LLCMore Info
713-614-5888

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Otto MunizPrime Gear LLCMore Info
713-614-5888

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