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7124 Avenue F 9 Unit Apartment Building $1,744,000 CAD ($193,778 CAD/Unit) 7.35% Cap Rate Houston, TX 77011

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EXECUTIVE SUMMARY

This 9- Unit Multiplex is fully occupied. In recent years, everything has been updated/ upgraded. Plumbing, electrical, security cameras, roof, foundation, driveway, parking lot, split ac units, washers, dryers, refrigerators, microwaves, stones, lights, fans, and so much more. The land on the left side of this building is a 2500 sq ft lot and is ready to build on. The neighbor built a 2200 sq ft house on a similar 2500 sq ft lot, 2 doors down. Owner finance is available.

ave f 4 page flyer

Operating and Financials

PROPERTY FACTS

Price	$1,744,000 CAD	Building Class	C
Price Per Unit	$193,778 CAD	Lot Size	0.17 AC
Sale Type	Investment	Building Size	3,752 SF
Cap Rate	7.35%	Average Occupancy	100%
No. Units	9	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1930/2016
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Office Office Residential Multifamily Dormitory	Parking Ratio	2.67/1,000 SF
Apartment Style	Low-Rise	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.

Price	$1,744,000 CAD
Price Per Unit	$193,778 CAD
Sale Type	Investment
Cap Rate	7.35%
No. Units	9
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Office Office Residential Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.17 AC
Building Size	3,752 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1930/2016
Parking Ratio	2.67/1,000 SF
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.