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2502 White Oak Dr
Houston, TX 77009
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 5 Units <ul><li>Building size: ±4,188 SF</li><li>Total Land Area: ±8,580 SF (0.20 AC)</li><li>2 story, 5-unit building including a garage apartment</li><li>Fourplex - 4 units each at 840 SF</li><li>Garage apartment is 828 SF with 4 garages bay at bottom</li><li>Built in 1935</li><li>Roof replaced in August 2024 for both fourplex and garage apartment</li><li>Prime redevelopment or value-add opportunity in one of Houston's most active neighborhoods</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
