Multifamily in NE Houston
$1,200,000
9211 North Green River Drive, Houston, TX 77078
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 11/29/2024
6.74
Cap Rate
87,689.88
NOI
Details:
Cap Rate: 6.74%
NOI: $87,689.88
Pro Forma Cap Rate : 6.74%
Building Size: 6,864 sqft
Lot Area: 43,560 sqft
Occupancy: 100%
Class: C
Units: 12
Average Room Size: 575 sqft
Year Built: 1965
Price Per Unit: $108,333.33
Floors: 2
Year Last Renovated: 2023
Description:
Located on an acre of land this Fully Occupied twelve Units Multifamily is a great investment option! Built in 1965, this well kept Multi Family has been renovated several times.
Located in the Northeast side of Houston this property has the value added of extra space to build 12-14 more units and increase the income.
Call for more information!
Documents:
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OM_9211_NGR.pdf
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