Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually) This property is well-maintained and offers stable income with a lease secured through November 2025. Significant upgrades were completed in 2021, including exterior siding, windows, doors, and roof replacement, as well as a kitchen remodel and full interior plumbing and electrical updates. Underground plumbing was also replaced in 2021, ensuring strong infrastructure. Condition & Value-Add: The property currently uses window-unit HVAC (no central air), and the utility room requires modernization, presenting clear opportunities for investors to further enhance tenant appeal and rental income.
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3BEDS
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0.16ACRES
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1BATHS
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01/2 BATHS
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1,080SQFT
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$147$/SQFT
School Information
Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually) This property is well-maintained and offers stable income with a lease secured through November 2025. Significant upgrades were completed in 2021, including exterior siding, windows, doors, and roof replacement, as well as a kitchen remodel and full interior plumbing and electrical updates. Underground plumbing was also replaced in 2021, ensuring strong infrastructure. Condition & Value-Add: The property currently uses window-unit HVAC (no central air), and the utility room requires modernization, presenting clear opportunities for investors to further enhance tenant appeal and rental income.