Apartments in Houston, Texas, United States
Looking For: Sale
Do not miss this opportunity for cash flow! Make offer an offer today on this 21-unit apartment complex in the Houston, Texas area. Priced at $540,000, this is a multifamily turnkey property with 100-percent occupancy. It offers a great mix of 1-bed/1-bathroom and 2-bed/1-bathroom units.
This property, constructed in 1984, has a net rentable area of 7,748 square feet. Utilities are included in rent. For April 2014, rental income totaled $11,006 with no vacancies. Pro forma NOI is $59,432.