9211 North Green River Drive, Houston, TX 77078 For Sale

9211 North Green River Drive presents a rare opportunity to acquire an income-producing multifamily asset with exceptional upside. This gated community sits on one acre, including a valuable half-acre parcel at the rear that is ready for future development.

This unique property offers investors the opportunity to build an additional 14 to 21 multifamily units, substantially increasing rental income, cash flow, and long-term asset value. With existing infrastructure already in place, this is an ideal value-add investment for developers and multifamily investors seeking immediate and future returns.

Investment Highlights

Income-Producing Asset: Existing 12-unit multifamily community generating current rental income.

High-Density Expansion Opportunity: Approximately half an acre of vacant land in the rear with the potential to develop 14 to 21 additional units (subject to municipal approvals).

Turnkey Infrastructure: Existing gated entrance, fencing, utilities, parking, and established community reduce development costs and timelines.

Strong Rental Location: Conveniently located near San Jacinto College, major employment centers, and easy access to Houston's primary highways.

Significant Value-Add Potential: Expand the property to increase gross rental income, improve economies of scale, and substantially enhance the property's market value and return on investment.

Rare Development Footprint: Opportunities to acquire an existing stabilized multifamily property with significant expansion potential are increasingly difficult to find in today's market.

Whether you are looking to expand your multifamily portfolio, execute a phased development strategy, or maximize long-term appreciation, 9211 North Green River Drive offers the ideal combination of current cash flow and future development potential.