NORTHEAST HOUSTON MULTIFAMILY PORTFOLIO
3 Multifamily Properties Offered at $3,002,790 CAD in Houston, TX
INVESTMENT HIGHLIGHTS
- 100% occupied
- Over 9% caprate on ProForma (Tax adjusted)!
- Proven rent growth potential
EXECUTIVE SUMMARY
Value-Add 33-unit multifamily portfolio in Northeast Houston offers an attractive investment with strong fundamentals and significant upside potential. Currently at 100% occupancy with recent rents showing a compelling value-add opportunity!
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,002,790 CAD |
| Price / SF | $136.27 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,035 SF |
| Total Land Area | 1.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
4514 CRANE ST PROPERTY
4514 Crane St, Houston, TX 77026 |
Multifamily | 3,437 SF | 1949 | - |
|
4003, 4005, 4005.5, 4010 REID ST APARTMENTS
4005 Reid St, Houston, TX 77026 |
Multifamily | 10,098 SF | 1990 | - |
| 2705 Lorraine St, Houston, TX 77026 | Multifamily | 8,500 SF | 1955 | - |
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