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911 University Ave
Huntsville, TX 77340
Asking Price
$3.00M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 42 Units <ul><li>Located Near Sam Houston State University (21,000+ Students)</li><li>Individually Metered Electric (Expense Control Benefit)</li><li>On-Site Leasing Office + Laundry Facility</li><li>Walkable to Downtown Huntsville + SHSU</li><li>Strong Rental Demand Driven by Student + Workforce Housing</li><li>Below Market Rents room to increase NOI</li><li>Recent upgrades include renovations to units in Building A, featuring new countertops, cabinetry, and appliances. Approximately 25% of the t
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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.89%
Monthly Payment
$14,817.626
Annual Cash Flow
$-97,811.51
