13927 VICTORIA ST

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13927 VICTORIA ST

HOUSTON, TX 77015
Asking Price
$310K
Cap Rate
12%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

5 Unit Investment Opportunity | Fully Occupied | Stabilized Asset | Immediate Cash Flow <p>100% Occupied with Consistent Rental Income</p><p>Stabilized Asset with Minimal Deferred Maintenance</p><p>Value-Add Opportunity - below market rent</p><p>Strong Utility Structure Reducing Owner Expenses</p><p>Strong Cash Flow with Upside Potential</p><p></p><p>Estimated NOI: $35k</p><p>Cap Rate 12%</p><p>5 rental units - all manufactured/mobile homes - all park-owned</p><p>Sit on 2 combined lots</p><p>Individually Metered Electric (tenant paid)</p><p>Master-Metered Water (owner paid)</p><p><

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NOI
$80,000
Cap Rate
25.81%
DSCR
4.35
Strong
Cash-on-Cash
66.23%
Monthly Payment
$1,533.711
Annual Cash Flow
$61,595.47

Location & Travel Times