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20715 Bellaire Boulevard
Richmond, TX 77407
Asking Price
$3.85M
Asset Type
Day Care/Nursery Retail
Class
Class B
What's Special
Vacant Childcare Center - Houston MSA | High-Demand Market | 11,852 SF <p>Sands Investment Group is pleased to exclusively offer for sale the 11,852 SF Vacant Childcare Center located at 20715 Bellaire Boulevard in Richmond, TX. This nearly 12,000 SF facility, formerly operated as a childcare center and built within the last 6 years, offers strong potential for adaptive reuse across a variety of uses. With modern construction and a functional layout, the property is well-suited for childcare, education, medical, or office users, providing a compelling opportunity f
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NOI
$80,000
Cap Rate
2.08%
DSCR
0.35
Underwater
Cash-on-Cash
-12.87%
Monthly Payment
$19,057.1
Annual Cash Flow
$-148,685.194
