I have a pocket listing located in NE Houston. Deal won't last long once this is posted!

Please note: If we have not done business together before, I will not send P&L's without having a verbal introductory call first. This is to help save a lot of your time and my time in regards to connecting true deals with true buyers. 

YB - 1978

C- Class, 72 units

1 Pool

Was NOT effected by Harvey

Unit type - 1 bed, 2 bed, 3 bed.

Current NOI = aprx. $427k

Asking Price - $3.9M

Asking Cap Rate - 11%

Property 2 min away from a new master planned community already under development which will bring in Class A Multi-family, Retail, 1,200 residential homes, 9 hole golf course, Condos and industrial properties. 

Seller has owned for 5 yrs and ready to 1031 into another property. Will need LOI's before end of this week to be a final contender.