Apartments for Sale in Houston!!!!

4706 Yellowstone Blvd, Houston, TX 77021

$3,500,000 After Repair Value -
$3,150,000 Asking Price -
$0 Cost of Repairs =
$350,000 Potential Profit

Property Details

Asking Price $3,150,000

After Repair Value $3,500,000

Costs of Repairs $0

Potential Profit $350,000

Living Area N/A

Property Type Multi-Family

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $248,689

Yearly Expenses $109,351

Property Taxes N/A

Net Operating Income $152,427

Cap Rate 6.77

Property Description

Apartments in Houston!!! This multifamily is in a prime location in Greater OST/South Union. Located in an opportunity zone, only 5 minuets from the University of Houston, 15 minutes from the Medical Center and Downtown. Easy access to major routes such as I-610, SH 288, and Alt 90. The complex consists of twenty-five units with a mix of one and two bedrooms. Community amenities include a gated courtyard, laundry facilities, a playground, wi-fi, and storage space. The property currently has vacant units 25, providing a value-add opportunity through lease-up. Kelso Elementary School, Yesprep Public School 5 minutes away. HCA Houston Healthcare Medical Center 12 minutes away from the property. Payless supermarket is just 5 minutes away from the location. Owner finance is available. Don\'t miss out on this rare opportunity - call today on - . You can also email at - asrealestate@ - .

Home type: MultiFamily
Heating features: Other
Cooling features: Window Unit(s)
Total structure area: 14,737
Total interior livable area: 14,737 sqft
Stories: 2
Lot size: 0.46 Acres
Year built: 1955
Region: Houston
Subdivision: Grand Park
Price: $3.15 million


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