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3602 GARROTT ST
HOUSTON, TX 77006
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
<ul><li>Stabilized asset in one of Houston's most prime submarkets.</li><li>16 of the 20 units have been fully renovated, featuring quartz countertops, upgraded appliances, and durable slate flooring throughout.</li><li>Centrally located near downtown, the Medical Center, and major institutions including St. Thomas, Rice University, and the University of Houston.</li><li>Six onsite storage units with only one currently leased, offering a straightforward value-add opportunity for a new owner
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
