For Sale

$1,800,000

HIGHLIGHTS:
  • Active
  • $23,581/month
  • 190 DOM
  • 2 Stories
  • 0 Beds
  • 3,838 SqFT
Description

This multi-unit property presents an exceptional investment opportunity with immediate cash flow and strong future growth potential. Situated less than 0.5 miles from I-45 and Hwy 19 and under 10 minutes from Sam Houston State University, this complex features 14 units with a diverse mix of one, two, and three-bedroom floorplans. Rented units generate $900 to $1,200 per month, with five units currently available for occupancy. Each unit includes a washer, dryer, oven, fridge, microwave, and dishwasher, with water, trash, and sewage services covered. Recent renovations enhance the property's appeal, and its 3.66-acre lot is primed for future development near upcoming major projects. Don't miss this opportunity to invest in a growing area with strong rental demand!

Overview
  • MLS Number: 47157798
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,838 SqF
  • Land Size: 28,575 sqft
  • Year Built: 2015
Financial
Price:
$1,800,000
Price/SqFT:
$468.99
HOA Fee:
Tax Rate:
1.74715 %
Est. Monthly:
$23,581 *
Tax Amount:
$31,449
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Microwave:
    Yes
  • Roof:
    Composition

Listed By:
Adam Olsen

eXp Realty, LLC

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