Arrowstar Realty
Listed by Arrowstar Realty
$1,100,000
613, 615 & 617 Highway 75 N
Details
APN 0313-01-05800, 0313-01-05801
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 7,765
Units 6
Cap Rate 5.64%
NOI $62,048
Price per SqFt $142
Year Built 1961
Buildings 6
Stories 1
Acreage 1.870
Investment Type Value Add
Multifamily | 6 Units | $183,333/unit
Marketing description
THIS IS THE PERFECT LOCATION FOR MULTI-PURPOSE INVESTMENTS!
RETAIL FRONTAGE BUILDINGS, A HOUSE, THREE MOBILE HOMES AND ONE SMALL HOME ON 1.87 ACRES IN WILLIS RIGHT OFF OF HIGHWAY 75! HEAVY TRAFFIC AREA AND SUPER HIGH VISIBILITY FOR THE CONJOINED RETAIL FRONTAGE BUILDINGS! HOMES ARE BEHIND RETAIL BUILDINGS, ADDING MORE PRIVACY! GREAT PLACE FOR A HOME BUSINESS PLUS RENTAL INCOME! ALL HOMES ARE CURRENTLY LEASED OUT & ALREADY BRING A DECENT INCOME PER MONTH! ONLY A FEW MINUTES FROM I-45 AND CONROE!
***NO SHOWINGS, PLEASE DO NOT DISTURB TENANTS*** PLEASE CALL THE LISTING AGENT, ROBERT GRAHAM, DIRECTLY AT (936) 672-2087 WITH ANY QUESTIONS YOU MAY HAVE.
Listing Contacts
Arrowstar Realty
Listed by Arrowstar Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,048.00
$5,170.67/mo
Valuation Metrics
0
DSCR
5.64%
Cap Rate
5.64%
ROI
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