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20081065
20081048

212 Plaza Verde Dr, Houston, TX 77038

AP
TX 0489115
Texas Fast Realty LLC
Listed by Texas Fast Realty LLC
$1,650,000
647 days on market
Updated 12 days ago

PLAZA VERDE

Details
Property Type Multifamily
Sub Type Apartment Building
Units 11
Cap Rate 6.48%
NOI $106,913
Occupancy 100%
Broker Co-Op Yes
Class B
Lot Size (SqFt) 40,000 - 80,000
Investment Type Owner/User
Ownership Fee Simple

11 Unit Portfolio inside a bigger Multifamily Complex, Each tax individually Seller Financed

Marketing description

Investment Opportunity: Fully Occupied 11-Unit Multifamily Property in Houston

Discover a prime investment opportunity in the heart of Houston! This well-maintained multifamily property boasts 11 fully occupied units, providing immediate cash flow and long-term stability. Located in a vibrant and growing neighborhood, this property offers the perfect blend of convenience and community.

Key Features:

  • Fully Occupied: Enjoy a steady stream of rental income with all units currently leased, minimizing vacancy risk.

  • Diverse Unit Mix: Featuring a variety of layouts to attract a broad tenant demographic, ensuring high demand year-round.

  • Strong Rental Market: Situated in a rapidly developing area of Houston, with easy access to public transportation, shopping, dining, and local amenities.

  • Recent Upgrades: Benefit from recent renovations and updates, enhancing property appeal and tenant satisfaction.

  • Professional Management: Well-managed property with reliable tenants, providing peace of mind for new owners.

  • Cap Rate Potential: Strong cap rate for savvy investors looking to expand their portfolio in a lucrative market.

Don’t miss this chance to secure a fully occupied multifamily asset in one of Texas's most dynamic cities. Whether you're an experienced investor or looking to enter the multifamily market, this property offers a compelling opportunity for growth and profitability.

Contact us today for more information and to schedule a viewing!

Listing Contacts

AP
TX 0489115
Texas Fast Realty LLC
Listed by Texas Fast Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,913.00
$8,909.42/mo

Valuation Metrics

0
DSCR
6.48%
Cap Rate
6.48%
ROI

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Additional Information

Name
Alma Puerto
License
0489115
Brokerage
TEXAS FAST REALTY LC
Title
CEO
Brokerage Address
1095 Evergreen Circle
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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