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11620 Old Main Street Loop Road
Houston, TX 77025-5902
Asking Price
$3.25M
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 6 Units <ul><li>Rare opportunity to own an entire 3.14-acre city block, fully fenced and secured with controlled access throughout</li><li>Consisting of 5 homes, guest house, repair shop, large storage building, pool, pond & central park</li><li>Just minutes from Houston's renowned Texas Medical Center</li><li>Exceptional flexibility for continued housing/personal use, business operations or future redevelopment</li><li>4 rental homes remodeled down to the studs in 2010</li><li>Owner's residence r
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NOI
$80,000
Cap Rate
2.46%
DSCR
0.41
Underwater
Cash-on-Cash
-11.58%
Monthly Payment
$16,079.227
Annual Cash Flow
$-112,950.721
