8% Cap on actuals.
FEATURES:
Built/Renov: 1960 / 2008 (per Seller)
Units: 10
Occupancy: 100% (May 2012)
*RSF: 8,472 sf
*Lot sf: 16,900 sf
Exterior: Brick / Stone / Wood
HVAC: Indiv. Central A/C
Electrical: Indiv. meter
- All electric kitchens
Gas/Water: Master meter
Lease Type: Water Gas by Owner
*Unit Mix:
(4) 1 bd 1 ba, 650 sf
(6) 2 bd 1 ba, 950 sf
*SF estimate; Buyer to verify
Other: Laundry area
Covered parking
Atrium garden
Serious buyers and inquiries only. This is your chance to own a cash flowing asset in the #1 MSA in the United States over the past 10 years.
Houston, Texas - Low unemployment, low tax rate, great business drivers, increasing population.
Rents on many of the units are currently below market, but the financials are based upon ACTUALS, not potential or proforma.
There is a broker involved with this property and all serious inquiries will be forwarded to him.
Please have proof of funds or bank pre-approval letter ready.
Contact
Eric
713-875-8688
6514 Sloan St (google map) (yahoo map)
- Location: Houston, TX
- it's NOT ok to contact this poster with services or other commercial interests
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