Listed by Joe Tramonte Realty, Inc.
$649,000
Oleander Multifamily
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,600
Net Rentable (SqFt) 6,600
Occupancy 87.5%
Tenancy Multi
Price per SqFt $98
Buildings 2
Lot Size (SqFt) 9,695
Investment Type Stabilized
8 Unit Multifamily Portfolio
Marketing description
Rare investment opportunity in a growing market. Add 8 units to your residential leasing portfolio at a price less than $82K per door. These two low-maintenance fourplexes are easy to rent at a price point below more expensive surrounding markets. Easy access to I-45 and off-street paved parking make these units ideal for commuter living and supported working rents. Not in the 100 year flood plain.
Investment highlights
- 8 Unit Multifamily in La Marque
- Two Fourplexes
- 2 BR / 1 BA units - 825 square feet each
- Brick and sided construction
- Paved off-street parking
- Corner property
- Easy access to I-45
- 87.5% occupied
- Not in the 100 year flood plain
Listing Contacts
Listed by Joe Tramonte Realty, Inc.
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