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1624 West 34th Street
Houston, TX 77018
Asking Price
$3.80M
Asset Type
Storefront Retail
Class
Class B
What's Special
±1.94 AC (Divisible) | Development Opportunity | Houston, TX <p>• ±1.94 AC development opportunity in the highly sought-after Garden Oaks neighborhood</p><p>• Fully equipped with all utilities available including existing water, sewer, drainage, gas, AT&T, Comcast & Xfinity*</p><p>• Ideal for mixed-use development featuring retail and multifamily/residential</p><p>• Highly attractive for residential use with access to both established Houston ISD public schools and other educational institutions including Goswami Academy, Heritage Classical Academy & St.
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NOI
$80,000
Cap Rate
2.10%
DSCR
0.35
Underwater
Cash-on-Cash
-12.78%
Monthly Payment
$18,814.12
Annual Cash Flow
$-145,769.442
