South 79th (New Roof and Other Capital Expenditures Done)
Multifamily | 10 Units | $75,000/unit
Marketing description
Marcus & Millichap is pleased to present 120 S 79th Street, a fully renovated 10-unit multifamily asset located inside Houston’s highly desirable inner loop. The property
consists of nine (9) updated one-bedroom/one-bath units and one (1) fully renovated three-bedroom/one-bath unit, offering a strong mix for both affordability and
stabilized cash flow.
All units have undergone full renovations, allowing a new owner to benefit from minimal capex, strong tenant appeal, and in-place rents ranging from $775 to $1,380 (3-
bedroom). The property is currently operating with a live-in manager under a favorable management agreement, providing efficient oversight while preserving owner
returns and reducing hands-on operational burden.
The asset is strategically positioned just minutes from downtown Houston, major highways, and key employment drivers including the Port of Houston. This central
location supports sustained renter demand, high occupancy, and long-term appreciation potential.
Investment highlights
Live-In Manager / Owner-Favorable Management Structure
Fully Renovated Interiors
Turnkey, Low-Maintenance, Cash-Flowing Asset
Proximity to Major Employment Hubs & Transit Corridors
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