2900 Garrow St,
Houston, TX 77003

Details

Property Type    Multifamily

Subtype    Apartment Building

Investment Type Value Add

Class    C

Square Footage 2,145

Net Rentable (Sq/Ft)    2,145

Price (Sq/Ft) $200.00

Cap Rate    3.13%

Pro-Forma Cap Rate $37,767.00

Occupancy 100%

NOI $13,423

Pro-Forma NOI $37,767

Units 4

Year Built    1940

Buildings 1

Stories 2

Lot Size (Sq/Ft)    5,150

Price Sq/Ft (Land Value) $83.50/SF

Broker Co/Op    Yes

Price/Unit    $107,250.00

DO NOT TRESPASS, WALK PROPERTY OR APPROACH PROPERTY OR CONTACT SELLER
PREMIUM LOCATION EAST-SIDE OF DOWNTOWN HOUSTON
Select Buyer to Provide Proof of Certified Cash Funds or Proof of Third Party Financing. (no hard money lenders, seller will NOT owner finance for any time period)
Buyer to Submit Price Offering, Terms and Conditions with Acceptance from Seller Prior to Any Tour of Property
Roof Installed 2014 $4,500, Sewer Line Installed 2019 $12,000, New Back Parking Area 2023