$999,900

Multi Family In Houston

  • 7,680 Sqft
  • 15,003 Sqft lot
  • Updated: Today
  • Source:
    Houston Association of REALTORS  MLS#55200975

About the Property

Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history.
Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations.
Investment Highlight
Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history.
Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations.
Investment Highlights:
Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS).
100% occupied. Financials and rent roll available upon request.
  • Property type

    Other

  • Floors

    2

  • Year built

    1973

  • Price/sqft

    $130

Explore the Area

4613 Cavalcade Street 10, Houston, Texas, United States View on Google Maps
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Sarah Virani - Richmond

Joined 6 months ago
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Sarah Virani - Richmond
Texas, United States
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2
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2026
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Sarah Virani - Richmond
Richmond, Texas, United States
View agency profile
Last updated
Today
First listed
Sep 2
Listing reference
55200975
Listing status
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