Inwood Village 12-Unit 4-Plex Portfolio Multi-Family FOR SALE


Houston, TX - Greater Inwood
$1,245,000 USD
858-412-0818
, Houston, TX for Sale
$1,245,000 USD
Multi-Family - FOR SALE
1/21
null | 8.04% Cap Rate

Inwood Village 12-Unit 4-Plex Portfolio
Houston, TX
Greater Inwood


HIGHLIGHTS

  • Spacious and bright floor plans
  • Hardie and brick construction
  • Centrally located
  • Remote owner ready - onsite HOA management
  • Gated and patrolled

OVERVIEW

Inwood Village Multi-Family Portfolio presents an exceptional opportunity to acquire a stabilized, recently renovated asset in Houston’s established Inwood Village submarket below replacement cost, with roughly $190,000 in additional portfolio value and a 1.3 % yield improvement achievable through HHA rent stabilization. The portfolio comprises three four-unit buildings (one-, two-, and three-bedroom floorplans) on TC Jester Boulevard, offering strong rental demand and recent upgrades throughout. Sub-metered utilities and HOA-managed exterior maintenance make the property ideal for remote owners or investors seeking streamlined operations and reliable income. Individuals and Agents welcome. ***No Owner Financing*** ------------------------------------------------------------------ INVESTMENT HIGHLIGHTS • Stabilized asset with immediate cash flow • Recent renovations and capital improvements • Strong 8-10% projected cap rate • Unit Mix 1/1 (6), 2/2 (3), 3/2 (3) • Excellent location with access to I-45 and 610 • Strong rental demand in established market --------------------------------------------------------------- PROPERTY DETAILS Year Built/Renovated: 1983/2022-2025 Total Units: 12 Units/Bldg: 4 Type: Multifamily Bedrooms: 21 Bathrooms: 18 Building Class: C Average Occupancy: 50% --------------------------------------------------------------- AMENITIES Unit Amenities: Dishwasher, Disposal, Central A/C and Heating, Refrigerator, Range, Washer / Dryer (10/12) Site Emenities: Property Manager on Site, Security, Gated with security card, Property Management office

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Matt WilkinsonSmartly CapitalMore Info
858-412-0818

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Matt WilkinsonSmartly CapitalMore Info
858-412-0818

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