9018 Grannis St - Apartments FOR SALE


Houston, TX 77075- Greater Hobby Area
$529,995 USD
559-530-1173
9018 Grannis St, Houston, TX for Sale
$529,995 USD
Apartments - FOR SALE
1/19
null | 8% Cap Rate

9018 Grannis St
Houston, TX 77075
Greater Hobby Area


HIGHLIGHTS

  • Ample Parking: Dedicated tenant parking plus guest parking available
  • Comfortable Living: Spacious bedrooms ideal for tenants
  • Excellent Connectivity: Quick access to Highway 45, Beltway 8, and Loop 610
  • Prime Location: Quiet street in a high-demand area with easy access to Downtown, Hobby Airport, the Medical Center, and the Museum District

OVERVIEW

CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. Remodeled fourplex ready to rent! This property features 4 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. Centrally located near Hobby Airport! Large 2-bedroom 1 bath units feature central air and heat, spacious kitchen, serving bar, electric stove, refrigerator, big pantry, utility area features washer/dryer connections, small patio and storage area for each unit. Separate electric meters, good parking, Easy to rent area. 90% OCCUPIED AND FULLY LEASED. Market rent $1200/ per month for each unit** Potential gross; $4800/ month** Conveniently located on a quiet street with ample parking for each tenant as well as guest parking. Easy access to major roads/highways, Downtown, Hobby Airport, Medical Center, Museum District, and more! Owner Finance Available. DRIVE BY ONLY. DO NOT DISTURB TENANTS!

FOR SALE DETAILS

PRICE

$529,995 USD

PRICE/SF

$153 USD /SF

# OF UNITS

4

PRICE/UNIT

$132,499

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,200 SF

ZONING

-

APN/PARCEL ID

0630340340018

ASK ABOUT THIS PROPERTY

Bernadette HarriseXp RealtyMore Info
559-530-1173

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Bernadette HarriseXp RealtyMore Info
559-530-1173

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