501 E Parker Rd

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501 E Parker Rd

Houston, TX 77076
Asking Price
$950K
Asset Type
Flex Industrial
Class
Class B

What's Special

Industrial | 9,295 SqFt of Warehouse as show on costar <p>WAS Asking $1,000,000.00, reduced today to $950,000.00 This small warehouse that has 3 lots 16,598 sq ft of land is what HCAD says and about 9,295+/- sq ft of warehouse and apartment. There is a tenant on a month-to-month lease who has been in there for 10+ years. Let me know if you have any questions or would like to tour. </p><p>Ed A. Ayres 832-641-6003</p>

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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