Houston Investment Property, Multifamily: 152 Units — $4.25 million

Asking Price:  $4,250,000

Property Description:
PROPERTY HAS PITCHED ROOFS, INDIVIDUAL ELECTRIC METERS AND INDIVIDUAL A.C. UNITS—CONSTRUCTION IS BRICK AND WOOD–THERE IS PERIMETER FENCING AND CONCRETE DRIVE WAYS—MOSTLY 2 AND 3 BEDROOM UNITS—32 HAP CONTRACTS FOR 3 MORE YEARS; 20 SECTION “8″ UNITS

Location Description:
PROPERTY IS LOCATED ON A MAJOR STREET IN NORTHEAST HOUSTON—SHOPPING, SCHOOLS AND CHURCHES ARE CLOSE BY

Financial Overview: (as provided by seller)

Net Operating Income: $315,775

« Houston Investment Property: Multifamily, 44 Units | Home | Reasons to buy Texas Investment Real Estate? They are numerous… »

• Recent Posts

  • Private Lending for Real Estate
  • Finding Private Lenders
  • Private Money Loans - Houston Investment Property
  • Houston and Galveston Investment Properties–
  • Opportunity Knocks in the Houston Investment Property
  • MLS Report, October 2008 — Houston Association of Realtors
  • 10 Aspects of Real Estate Investment Software
  • Dallas-Fort Worth Home Prices down 2.3 Percent
  • Apartment Renters Deluge Houston Market, post Ike…
  • Dallas Single family homes market has tightened. Are we finally at bottom and ready to rise?

• Categories

  • Dallas-Fort Worth Investment Property
  • Houston Investment Property
  • Lending
  • Notes
  • Popular
  • uncategorized

• Archives

  • March 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008

• Links

  • Resources - Other recommended sites
  • Support Forum

• Feeds

  • Subscribe to RSS Feed
  • Subscribe to Comments