Off-Market Value-Add Multifamily Portfolio – 75 Units | 8.9% Cap | Houston, TX

Highlights:

• - 43,467 SF building
• - 75 units
• - Built in 1986
• - Zoned Multi Family Dwelling
• - Located in Houston area
• - 95% occupancy
• - Purchase Price: $5,600,000 (assignable)
• - Earnest Money Deposit: $52,000
• - NOI: $462,908.69
• - Cap Rate: 8.3%
• - Debt Status: Free & Clear

Description:

We're excited to present an off-market opportunity to acquire a stabilized, cash-flowing multifamily portfolio in the high-growth East Houston submarket. This turnkey investment features 75 units across two professionally managed properties, both located within a mile of each other—offering immediate operational efficiency and long-term upside. 3 Minute Drive between buildings.

Discover the vibrant energy of Houston, Texas surrounding the area of the property at 13932 Victoria Street and 803 Nancy Rose St. This booming metropolis is renowned for its robust commercial landscape and diverse cultural fabric. Situated nearby are major business hubs such as the Houston Energy Corridor and the Downtown District, offering prime investment opportunities for office and commercial real estate. The area also boasts an array of dining, entertainment, and shopping destinations, including the renowned Galleria Mall and the historic Houston Theater District. With convenient access to major highways and transportation, the location presents an enticing opportunity for office and office building investors seeking a dynamic and thriving environment.

LTS 12 14 16 18 20 & 22 BLK 177 & LTS 15 & 17 BLK 179 CLOVER LEAF SEC 3 & LTS 1 2 3 & 4 BLK 29 HOUSTON M
ANOR

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