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616 FM 1960 W Rd
Houston, TX 77090
Asking Price
Contact for price
Cap Rate
6.5%
Asset Type
Executive Office Retail
Class
Class B
What's Special
Office | 6.5 CAP | 142,194 SqFt <ul><li><span style="color: rgba(33, 37, 41, 1)">142,194 SF office building</span></li><li><span style="color: rgba(33, 37, 41, 1)">255 units</span></li><li><span style="color: rgba(33, 37, 41, 1)">Built in 1982, renovated in 2022</span></li><li><span style="color: rgba(33, 37, 41, 1)">Zoned commercial</span></li><li><span style="color: rgba(33, 37, 41, 1)">Strategically located in Houston</span></li><li>90<span style="color: rgba(33, 37, 41, 1)">% occupancy</span></li></ul>
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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
