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7938 Kerr St
Houston, TX 77029
7938 Kerr St, Houston 77029 · Multifamily Property For Sale
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6 Units


Executive Summary
With rents up to market and very good condition 7938 Kerr St presents a compelling multifamily investment opportunity in Houston’s rapidly growing 77029 submarket, strategically located near Port Houston, major industrial employment hubs, Downtown Houston, and key transportation corridors including I-10 and Loop 610.? The property consists of 6 residential units situated on a 5,000 SF lot and offers investors the ability to capitalize on an already stabilized rental scenario.? Positioned within an Opportunity Zone and surrounded by strong workforce housing demand drivers, the asset benefits from Houston’s continued population and employment growth while offering long-term appreciation potential in a high-demand infill location.?
Property Facts
| Price Per Unit | $111,650 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.69% | Building Size | 1,825 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1940/2012 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | None | ||
| Price Per Unit | $111,650 CAD |
| Sale Type | Investment |
| Cap Rate | 7.69% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 1,825 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1940/2012 |
| Opportunity Zone |
Yes |
| Zoning | None |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 1 | - | - |
| Studios | 4 | - | - |
Property Taxes
| Parcel Number | 0292640000010 | Improvements Assessment | $96,772 CAD |
| Land Assessment | $59,320 CAD | Total Assessment | $156,092 CAD |
Property Taxes
Parcel Number
0292640000010
Land Assessment
$59,320 CAD
Improvements Assessment
$96,772 CAD
Total Assessment
$156,092 CAD
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