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McKinley Street

4 Specialty Properties Offered at $1,990,800 CAD in Houston, TX

Investment Highlights

  • Stable Cash Flow: Reliable tenants with long-term leases ensure consistent income from day one.
  • Prime Houston Location: Positioned in a growing area, these townhomes offer significant potential for future appreciation, making them an excellent ad
  • Minimal Landlord Responsibilities: Tenants handle most maintenance, making this portfolio easy to manage.

Executive Summary

This stabilized and income producing townhome package offers four modern new construction units, all located on the same street in one of Houston's rapidly developing neighborhoods. This investment opportunity is perfect for those seeking stable, long-term cash flow with minimal management responsibilities. All units are stabilized on a 2-year lease, providing secure and consistent income.
Don't miss this rare opportunity to acquire a fully leased, low-maintenance investment in a high-demand area. Contact us today for lease info, and to learn more about this attractive townhome package!
(Please contact Taylor or Charlie for all lease and unit info)

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2024)

Annual (CAD)
Gross Rental Income $187,704
Other Income -
Vacancy Loss -
Effective Gross Income $187,704
Taxes -
Operating Expenses -
Total Expenses $53,304
Net Operating Income $134,400

Taxes & Operating Expenses (Actual - 2024)

Gross Rental Income (CAD)
Annual $187,704
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $187,704
Taxes (CAD)
Annual -
Operating Expenses (CAD)
Annual -
Total Expenses (CAD)
Annual $53,304
Net Operating Income (CAD)
Annual $134,400

Property Facts

Price $1,990,800 CAD
Price / SF $331.80 CAD / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 6.69%
Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 6,000 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
4210 McKinley St, Houston, TX 77051 Specialty 1,500 SF 2023 -
4214 McKinley St, Houston, TX 77051 Specialty 1,500 SF 2023 -
4216 McKinley St, Houston, TX 77051 Specialty 1,500 SF 2023 -
4220 McKinley St, Houston, TX 77051 Specialty 1,500 SF 2023 -
Show More > < Show Less
  • Listing ID: 33036616

  • Date on Market: 2024-09-02

  • Last Updated:

  • Address: McKinley Street, Houston, TX

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