Investment Opportunity - Stabilized 8-Unit Multifamily Property Excellent opportunity to acquire a well-maintained 8-unit multifamily property in the rapidly developing South Houston/Sunnyside area. The property consists of eight 1-bedroom, 1-bathroom units. The final unit is currently in the process of being leased, with the tenant scheduled to move in by the end of the month, bringing the property to 100% occupancy. Property Highlights: 8 total units All units are 1 bedroom, 1 bathroom Stabilized asset with strong occupancy Convenient access to major freeways, Downtown Houston, the Texas Medical Center, and the University of Houston Excellent opportunity for investors seeking a cash-flowing multifamily asset with long-term appreciation potential in an area experiencing continued redevelopment and growth. Buyer to independently verify all property information, including unit dimensions, income, expenses, and occupancy.
| MLS # | 50540892 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2011 |
| Days On Site | 45 |
| Listing Provided By | MDK Realty Associates | Mimi To |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 5,796 |
| Story(s) | 2 |
| Units | 8 |
| Acreage | 9448.00 |
| Tax Annual Amount | 14264 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77021 |
| Area | 4 |
| Subarea | University Area |
| Community Name | View Top Sub |
| Listing VS Median (in View Top Sub) | |
Price: $675,000 low | high Med: $675,000 sqft: 5,796 low | high Med: 5,796 $ / sqft: $116 low | high Med: $116 On site: 45 low | high Med: 45 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77021 |
| Area | 4 |
| Subarea | University Area |
| Community Name | View Top Sub |
| Listing VS Median (in View Top Sub) | |
Price: $675,000 low | high Med: $675,000 sqft: 5,796 low | high Med: 5,796 $ / sqft: $116 low | high Med: $116 On site: 45 low | high Med: 45 | |