4410 Bellfort Street

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4410 Bellfort Street

Houston, TX 77051
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 16 Units | 94% Occupancy Income with Master Lease <ul><li>​<strong>Master lease in place for 2 of 3 vacant units up to 12 months.</strong></li><li>​Over $1.4 Million in Capital Improvements</li><li>​Approximately $1,412,995 invested throughout the property</li><li>​Comprehensive renovation completed across all three buildings</li><li>​Significantly reduced near-term maintenance and capital expenditure requirements</li><li>​New TPO roofing systems</li><li>​New HVAC systems</li><li>​New electrical systems</li><li>​New plumbing systems</li><li>​Ne

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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