Houston Med Ctr 10 SFR Rentals & 3 Lots

Description:

Investment property portfolio sale near NRG Stadium and the Texas Medical Center. This collection, offered by a long-term owner, consists of single-family residences (SFRs) and residential lots.

The portfolio is divided into three portions:

1. MedCenterHome.com Portfolio ($4,303,750)This 3.9-acre site includes 7 SFRs and additional storage buildings currently operating as a short-term rental business. It is located next to the Rice University's 'Library Service Center' (LSC), an off-campus, specialized high-density storage facility housing the university's Data Center. Its proximity to the Texas Medical Center presents a unique opportunity for continued rental operations or land redevelopment. 
APN:069-007-000-0067 consists of addresses:
-11620 Old Main St (3,300sf Storage Building/Warehouse Shop with an unfinished upstairs apartment) + 2,000sf additional warehouse shop with a car lift
-11616 Old Main St Loop Rd (SFR Rental)
-11608 Old Main St Loop Rd (SFR Rental)
-4119 Rose Way (SFR Rental)
-4123 Rose Way (SFR Rental)
APN: 069-007-000-0006 11516 Craighead Dr, Houston, TX 77025 (SFR Rental)
APN: 069-007-000-0071 11503 Craighead Dr, Houston, TX 77025 (Currently Owner's Primary Residence)
APN: 069-007-000-0005 11520 Craighead Dr, Houston, TX 77025 (Tear Down Condition SFR)

2. Adjacent Rental Portfolio ($1,100,000)This group includes 3 SFRs located in the adjacent neighborhood closer to Loop 610. 
APN: 077-174-033-0721 9813 Woodwind Dr, Houston, TX 77025
APN: 077-174-031-0696 9806 Woodwind Dr, Houston, TX 77025
APN: 077-174-033-0722 4065 Osby Dr, Houston, TX 77025

3. Residential Development Lots ($350,000)This includes 3 residential lots totaling 0.77 acres, situated next to Loop 610 and SH-288. (APNs: 056-215-000-0001, 072-035-006-0009, 072-035-006-0011)

The total asking price for the entire portfolio is $5,753,750. This is a rare opportunity to acquire significant acreage and income-producing assets within the Inner Loop.

Location:
Interstate 610 (Loop 610 & the "Inner Loop") is one of three orbital freeways circling Houston's central business district. The southern side of the Inner Loop is near NRG Stadium & the Texas Medical Center. NRG Stadium hosts a wide variety of events including professional sports, concerts, & the Houston Rodeo. The Texas Medical Center is the world's largest medical complex, featuring 54 member institutions, 21 hospitals, and over 120,000 employees on a 1,345-acre campus. It hosts 10 million patient encounters annually, including top-ranked institutions like M.D. Anderson Cancer Center, Texas Children's Hospital, and memorial Hermann.


Interstate 610 (Loop 610 & the "Inner Loop") is one of three orbital freeways circling Houston's central business district. The southern side of the Inner Loop is near NRG Stadium & the Texas Medical Center. NRG Stadium hosts a wide variety of events including professional sports, concerts, & the Houston Rodeo. The Texas Medical Center is the world's largest medical complex, featuring 54 member institutions, 21 hospitals, and over 120,000 employees on a 1,345-acre campus. It hosts 10 million patient encounters annually, including top-ranked institutions like M.D. Anderson Cancer Center, Texas Children's Hospital, and memorial Hermann.


3.9-acre site includes 7 SFRs and additional storage buildings currently operating as a short-term rental business.

Located next to the Rice University Data Center and near the Texas Medical Center.

Three additional SFRs are located within one mile, and the three residential Lots for development are next to Loop 610 & SH-288.

Unique opportunity for continued rental operations or land redevelopment.

This is a rare opportunity to acquire significant acreage and income-producing assets next to the Inner Loop.