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2800-2802 Mangum Road
Houston, TX 77092
Asking Price
$6.90M
Asset Type
Residential Land
Class
Class B
What's Special
Great Multifamily or Retail Site | 4.25 acres near 610/290 Interchange <ul><li>Well-located with 290 visibility</li><li>Little flood risk - outside of the 100 and 500-year floodplain</li><li>Less than 1 mile away from the proposed Dallas-to-Houston high-speed bullet train</li></ul>
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NOI
$80,000
Cap Rate
1.16%
DSCR
0.20
Underwater
Cash-on-Cash
-15.93%
Monthly Payment
$34,137.435
Annual Cash Flow
$-329,649.223
