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26516684
26516713

5022 Mallow St, Houston, TX 77033

RD
TX TX 9004042
Partners
Partners
SL
TX 787298
Partners
Listed by Partners
$800,000
288 days on market
Updated 10 days ago

5022 Mallow St

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,332
Units 7
Cap Rate 9.58%
NOI $76,628
Occupancy 100%
Pro-Forma Cap Rate 11.96%
Pro-Forma NOI $95,652
Price per SqFt $150
Year Built 1960
Year Renovated 2023
Buildings 1
Stories 1
Lot Size (SqFt) 12,600

100% Occupied | 7 Units | Complete Interior Renovation

Marketing description

Partners Real Estate is pleased to present 5022 Mallow Street, a well-located multifamily asset positioned just eight miles south of Downtown Houston and minutes from major employment, education, and transportation hubs. This property offers investors an attractive combination of stable in-place cash flow and value-add potential through targeted renovations and rent optimization.

Benefiting from proximity to the Texas Medical Center, the University of Houston, Texas Southern University, and William P. Hobby Airport, 5022 Mallow offers residents excellent connectivity via State Highway 288 and I-610 to Houston’s central business districts and the broader metro area.

The surrounding area’s affordability, growing population, and central location continue to support strong rental demand. The neighborhood has experienced steady home value appreciation and rent growth while maintaining a cost advantage compared to other inner-loop submarkets. With limited new multifamily construction and a consistent tenant base, the market is well-positioned for sustained occupancy.

Offering a solid operational foundation in a historically stable area, 5022 Mallow Street represents a compelling opportunity for investors seeking cash flow, upside through value-add improvements, and long-term positioning in one of Houston’s most accessible and resilient residential corridors.

Listing Contacts

RD
TX TX 9004042
Partners
Partners
SL
TX 787298
Partners
Listed by Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,628.00
$6,385.67/mo

Valuation Metrics

0
DSCR
9.58%
Cap Rate
9.58%
ROI

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Additional Information

Name
Ryan DeGennaro
License
TX 9004042
Brokerage Phone
7133167059
Brokerage Address
5847 San Felipe Street
Name
Charles Peckham
License
833138
Brokerage
Partners Real Estate
Brokerage Phone
713-316-7049
Title
Associate
Name
Scott Lunine
License
787298
Brokerage
Partners Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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