MULTI MILLION
Dollar Purchase
Price Reduction
From $22,700,000 To
$19,500,000 Plus a
Buyer Paid 4% Fee
Off market 268 units
1970s build in Houston
There is Section 8..
54 units are Section 8
Now $72,761k/door
C-/C location
(East Little York area)
This is value added. There is a decent amount of deferred maintenance
Fair amount of capex needed for the property, but anchor property in the area
268 Units
92% Occupied
Built 1976
Renovations in 2020
270 parking space
$952k NOI
---------------------------------
This is a sister asset to another Houston based multi family asset of 124 units (same seller). I will send that one too. They are sold separately.
Description
9555 Crofton St (currently not for sale, on market) is located in Oak Briar Terrace subdivision in Harris County.cka Scroll to see the property features, tax value,t mortgage calculator, nearby schools and similar homes for sale
The property information herein and below is from the county appraisal district and should be independently verified.
Listing Status
Currently not for sale
County
Harris County
Subdivision
Oak Briar Terrace
Legal Description
LTS 2 & 3 & RES E1 E3 & F1 BLK 2 & RES D BLK 4 OAK BRIAR TER
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
2/Appraisal District
Building Size
12,312 Sqft/Appraisal District
Lot Size
432,250 Sqft/Appraisal District
Year Built
1976 / Appraisal Date
