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2301 Caroline Street
Houston, TX 77004
Asking Price
$3.70M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 9,778 SqFt <ul><li>Fully renovated in 2023 — move-in ready with high-end finishes throughout</li><li>Rare outdoor lounge with kitchen, BBQ, and downtown Houston views</li><li>Prime Midtown location near The Ion, Toyota Center, and 40+ dining/retail options</li><li>16 on-site parking spaces with additional availability nearby</li><li>Seller would make minor modifications to show-room space if requested</li></ul>
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NOI
$80,000
Cap Rate
2.16%
DSCR
0.36
Underwater
Cash-on-Cash
-12.58%
Monthly Payment
$18,305.581
Annual Cash Flow
$-139,666.975
