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Investment Highlights

  • 100% Occupancy, Strong Cash Flow
  • Location, location , location. Minutes from Downtown Houston, & easy access to Hwy 59N & 610N

Executive Summary

-Excellent opportunity to acquire a stabilized 9 unit multifamily investment near Downtown Houston, TX. The property consists of 5 separate low rise apartment buildings at 100% occupancy.
-Property is currently producing income at a 8% CAP RATE, providing immediate cash flow while offering additional upside through future rental increases & operational improvements as well as future development (on vacant space available).
-Conveniently located, excellent access to major highways (59N & 610), minutes from downtown Houston, close to major intercontinental airport & public transportation.
- Ideal for investors seeking stable income producing asset with long term appreciation potential in one of Houstons established multifamily markets.
-APPOINTMENT REQUIRED! Please do not disturb tenants.

Attachments

Survey Hirsch

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,197,011 CAD
Price Per Unit $133,001 CAD
Sale Type Investment
Cap Rate 8.07%
Sale Condition 1031 Exchange
Gross Rent Multiplier 7.24
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.55 AC
Building Size 8,490 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1950/2026
Parking Ratio 2.36/1,000 SF
Zoning NZ - Unzoned

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 9 $1,549 CAD -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0650620020016
Land Assessment
$301,140 CAD
Improvements Assessment
$709,935 CAD
Total Assessment
$1,011,076 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 41439862

  • Date on Market: 2026-07-26

  • Last Updated:

  • Address: 6912 Hirsch Rd, Houston, TX 77016

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