Listed by KW Commercial Houston Clear Lake
$795,000
2322 Central Street, Dickinson, TX 77539
Details
APN 239500000081000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,970
Units 8
Cap Rate 9.42%
NOI $74,854
Occupancy 87.5%
Price per SqFt $133
Broker Co-Op Yes
Year Built 1970
Year Renovated 2020
Buildings 3
Stories 1
Lot Size (SqFt) 14,000
Zoning CR - Conventional Residential
8-Unit Multifamily Property
Marketing description
The subject property is an 8-unit income producing property located on Central Street in Dickinson, TX. The property consists of (5) 2BR/1BA, (1) 3BR/1BA, (1) 1BR/1BA and (1) 2 BR/1.5BA units. Close proximity to Highway 3, FM 517 and I-45.
Investment highlights
Close proximity to Highway 3
Zoned: CR - Conventional Residential
Listing Contacts
Listed by KW Commercial Houston Clear Lake
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,854.00
$6,237.83/mo
Valuation Metrics
0
DSCR
9.42%
Cap Rate
9.42%
ROI
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