0 Monroe Road

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0 Monroe Road

Houston, TX 77061
Asking Price
$2.36M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 6.7 acres <ul><li>​6.7 AC</li><li>​Unimproved Land</li><li>​Anticipated Floodplain Reclassification</li><li>​Quick Access Just Off I-45 S.</li><li>​2 Min. from Hobby Airport</li><li>​Prime for Redevelopment</li></ul>

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NOI
$80,000
Cap Rate
3.39%
DSCR
0.57
Underwater
Cash-on-Cash
-8.49%
Monthly Payment
$11,671.045
Annual Cash Flow
$-60,052.539

Location & Travel Times