9134 Pembrook St Houston, TX 77016
$1,100,000
Rare $1.1M value-add portfolio in Houston’s rapid-growth 77016 market featuring three modern 4-story residences with private rooftop terraces, 3 bedrooms, and 3.5 bathrooms per unit. The standalone home sits at 90%+ completion, while the adjoining duplex is primed for finishing. All remaining materials needed to complete the project are included in the sale—leaving the buyer primarily responsible for labor—with experienced project contractors available for a seamless transition. Projected completed values are ~$550K for the standalone and ~$500K per duplex unit, totaling ~$1.55M in combined potential completed value. Located within one of the nation’s fastest-growing major metropolitan areas, this portfolio offers a compelling combination of built-in equity potential, limited remaining construction exposure, and long-term Houston housing demand. Offered as-is in a single transaction. Buyer to independently verify projected values, labor costs, and market conditions.
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InteriorFloors:Carpet,VinylHeating:Central GasCooling:Central GasDishwasher:YesDisposal:YesMicrowave:Yes
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ExteriorRoof:CompositionExterior Type:OtherLot Description:Other
Listed By:
Anthony Ejofor
Keller Williams Signature
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