10317 Lake Rd - Apartments FOR SALE


Houston, TX 77070
$995,000 USD
210-382-0992
10317 Lake Rd, Houston, TX for Sale
$995,000 USD
Apartments - FOR SALE
1/29
null | 6.33% Cap Rate

10317 Lake Rd
Houston, TX 77070


HIGHLIGHTS

  • Prime Location in High Growth Area
  • Low Maintenance
  • Excellent Return on Capitial

OVERVIEW

Modern 4-Plex in Northwest Houston near Vintage Park. Discover a premier investment opportunity with this recently constructed (2023) 4-plex, designed for immediate cash flow and a great return on capital. Located in the thriving northwest Houston corridor near Louetta Rd and FM 249, this turnkey property is primed for short-term or long-term rental. Current tenants are long-term and the units have never been vacant. Each of the four spacious units boasts 2 bedrooms, 2 full bathrooms, and a versatile flex room ideal for an office, dining area, or additional bedroom. Modern open-concept kitchens flow seamlessly into living spaces, equipped with Whirlpool appliances, in-unit washer/dryer, and private covered patios for relaxation. Residents enjoy gated access, vast parking, and family-friendly amenities, including a community green space and pet-friendly play area. Strategically positioned just 6 minutes from HWY 249 and HWY 99, and a short stroll to Village Park Mall, top-tier shopping, and acclaimed schools, this 4-plex attracts guests and tenants alike. A proven track record of strong rental income, this property offers a low-maintenance, high-return investment. This 4-plex combines modern design, prime location, and high growth area for a hassle-free path to profitability.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$14 USD /SF

# OF UNITS

4

PRICE/UNIT

$248,750

CAP RATE

6.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Vintage at Lake Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,488 SF

ZONING

-

APN/PARCEL ID

1364930010001

ASK ABOUT THIS PROPERTY

Albert WadeeXp RealtyMore Info
210-382-0992

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Albert WadeeXp RealtyMore Info
210-382-0992

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