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7938 KERR ST
HOUSTON, TX 77029
Asking Price
$480K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
6 Units, Good Condition, 100% Occupancy. Houston, TX <p>• Strategically located in Houston’s 77029 submarket near Port Houston and major transportation corridors supporting long-term demand.</p><p></p><p>• Turnkey investment opportunity with good financial performance.</p><p></p><p>• The property includes 6 residential units on a 5,000 SF lot, providing stable small multifamily income potential.</p><p></p><p>• Located within an Opportunity Zone, offering potential tax advantages for qualified investors.</p>
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NOI
$80,000
Cap Rate
16.67%
DSCR
2.81
Strong
Cash-on-Cash
35.77%
Monthly Payment
$2,374.778
Annual Cash Flow
$51,502.663
