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316 Clearwater Street
Houston, TX 77029
Asking Price
$375K
Cap Rate
5.4%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
New Construction Multifamily Asset Near Major Highways <ul><li>Brand-new construction duplex</li><li>Strong rental demand submarket</li><li>Modern finishes and open-concept design</li><li>Minutes from Downtown Houston</li><li>Easy access to I-10, Loop 610, and Port of Houston</li><li>Ideal for long-term or short-term rental strategy</li><li>No deferred maintenance</li><li>Located in rapidly redeveloping neighborhood</li><li>Energy-efficient construction</li><li>Excellent owner-user or investor opportunity</li></ul>
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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455
