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6307 W Gulf Bank Rd 16 Unit Apartment Building Offered at $2,085,870 CAD at a 6.87% Cap Rate Houston, TX 77088

Apartment Buildings Texas Houston 6307 W Gulf Bank Rd, Houston, TX 77088

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Executive Summary

16-unit multifamily property on ±0.95-acre reserve tract in Northwest Houston. Four low-rise buildings totaling ±17,856 SF, built in 1984 and renovated in 2008. Two-bedroom units averaging ±1,116 SF with on-site parking and strong access to major corridors. Located in a stable workforce housing area with consistent rental demand.

Attachments

Trailing 12 PandL - Income
expenses
W. Bank Road Investment Summary

Property Facts

Price $2,085,870 CAD Property Type Multifamily
Price Per Unit $130,367 CAD Building Size 17,856 SF
Sale Type Investment Average Occupancy 88%
Cap Rate 6.87% No. Stories 2
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
 Year Built/Renovated 1984/2008
Gross Rent Multiplier 7.5 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
No. Units 16
Zoning None
Price $2,085,870 CAD
Price Per Unit $130,367 CAD
Sale Type Investment
Cap Rate 6.87%
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
Gross Rent Multiplier 7.5
No. Units 16
Property Type Multifamily
Building Size 17,856 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1984/2008
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning None

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 16 $1,808 CAD 1,116
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Source: Local Logic®

Property Taxes

Parcel Number 1131210000025 Improvements Assessment $1,686,012 CAD
Land Assessment $257,695 CAD Total Assessment $1,943,707 CAD

Property Taxes

Parcel Number
1131210000025
Land Assessment
$257,695 CAD
Improvements Assessment
$1,686,012 CAD
Total Assessment
$1,943,707 CAD
(346) 409-6885

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 39935670

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 6307 W Gulf Bank Rd, Houston, TX 77088

The Brookhollow/Inwood Multifamily Property at 6307 W Gulf Bank Rd, Houston, TX 77088 is currently available. Contact Fairdale Realty for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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6307 W Gulf Bank Rd
(346) 409-6885 x

6307 W Gulf Bank Rd

Endy Ebu
(346) 409-6885

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