3025 Prospect St - Apartments FOR SALE


Houston, TX 77004
$1,250,000 USD
832-858-3855
3025 Prospect St, Houston, TX for Sale
$1,250,000 USD
Apartments - FOR SALE
1/8
null | 7.8% Cap Rate

3025 Prospect St
Houston, TX 77004


HIGHLIGHTS

  • 100% leased
  • Remodeled in 2018
  • Close proximity to downtown Houston and major universities
  • $65k HHI
  • Proximity to HEB, Hermann Park and Texas Medical Center

OVERVIEW

This fully leased multi-family property consists of two 4-plex, located at 3025 and 3029 Prospect Street, Houston, TX 77004. Completely remodeled in 2018, each unit of 570 SF has been upgraded with modern, high-quality finishes including new luxury vinyl wood flooring, quartz countertops, and energy-efficient windows. The kitchens and baths are fully updated with brand-new appliances, central HVAC, and sleek, contemporary design elements throughout. Each unit is equipped with a refrigerator, washer, and dryer Perfect for one who is looking for a low-maintenance property in a prime location. Featuring amenities such as dishwashers, disposals, and microwaves make them highly attractive. Non-recourse loan available.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$267 USD /SF

# OF UNITS

8

PRICE/UNIT

$156,250

CAP RATE

7.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3025 & 3029 Prospect Street, Houston TX 77004

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

None

APN/PARCEL ID

0610840070010,0610840070017

ASK ABOUT THIS PROPERTY

Taro ChellaramRe/Max Commercial Great Horizons by TC Global RealMore Info
832-858-3855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Taro ChellaramRe/Max Commercial Great Horizons by TC Global RealMore Info
832-858-3855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.