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Investor Special: 16-Unit Multifamily 7930 Ritz St 16 Unit Apartment Building $767,756 CAD ($47,985 CAD/Unit) Houston, TX 77028

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INVESTMENT HIGHLIGHTS

  • 4,447 SQ. FT. Building
  • Prime Houston Location
  • Spacious Floor Plans
  • 16 Units
  • Ample Parking
  • Potential for Value-Add Improvements

EXECUTIVE SUMMARY

Welcome to 7930 Ritz Street #16, Houston, TX 77028—a prime investment opportunity in the heart of Houston. This 4,447 square foot property, situated on a 14,760 square foot lot, features 16 units, offering significant income potential.
Built in 1975, this multifamily/property includes a community laundry facility and office space, with the option to convert these areas into additional units to maximize revenue.
Don't miss out on this exceptional investment opportunity to expand your real estate portfolio with a property that offers both stability and growth potential.

PROPERTY FACTS

Price $767,756 CAD
Price Per Unit $47,985 CAD
Sale Type Investment
Sale Condition Distress Sale
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 4,447 SF
Average Occupancy 0%
No. Stories 1
Year Built 1975

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0300180180013
Land Assessment
$124,317 CAD
Improvements Assessment
$215,799 CAD
Total Assessment
$340,116 CAD
  • Listing ID: 34559533

  • Date on Market: 2025-01-21

  • Last Updated:

  • Address: 7930 Ritz St, Houston, TX 77028

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