1103 Silverdale Dr
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1103 Silverdale Dr
3,200 SF Light Industrial Building Conroe, TX 77301 £473,399 (£148/SF) 8% Net Initial Yield
Investment Highlights
- In one of the fastest growing cities in Texas, FULLY REMODELED-3 LIFTS- 1 AIR COMPRESSOR NEW LED LIGHTING 8% CAP RATE
Executive Summary
Investors Dream with an 8% Cap Rate.
Income generating property with two year lease in place and is willing to extend. Last lease was 10 years or you can cancel the lease after the term expires in July 2026.
Completely remodeled with:
-Re-Screwed and sealed entire roof with latex Sealant
-New LED lighting in the office and in the warehouse areas
- New bathroom and all fixtures
- All new floors in the bathroom and office areas
- New metal siding and interior of garage
- Entire building painted with direct metal paint
- New Tankless water heater
The property does include two in ground lifts as well as a two post lift.
There is a lease on the building for 3 years with a great tenant. Please call for more information
Claudia Van Horn at 281-995-6845
Income generating property with two year lease in place and is willing to extend. Last lease was 10 years or you can cancel the lease after the term expires in July 2026.
Completely remodeled with:
-Re-Screwed and sealed entire roof with latex Sealant
-New LED lighting in the office and in the warehouse areas
- New bathroom and all fixtures
- All new floors in the bathroom and office areas
- New metal siding and interior of garage
- Entire building painted with direct metal paint
- New Tankless water heater
The property does include two in ground lifts as well as a two post lift.
There is a lease on the building for 3 years with a great tenant. Please call for more information
Claudia Van Horn at 281-995-6845
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£37,920
|
£11.85
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £37,920 |
| Annual Per SF | £11.85 |
Property Facts
Amenities
- Fenced Lot
- Front Loading
- Accent Lighting
- Reception
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 0501-00-00410 | Improvements Assessment | £197,502 |
| Land Assessment | £23,021 | Total Assessment | £220,523 |
PROPERTY TAXES
Parcel Number
0501-00-00410
Land Assessment
£23,021
Improvements Assessment
£197,502
Total Assessment
£220,523
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Amir Tamjidi -
Claudia Van Harn
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Keller Williams Woodlands
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1103 Silverdale Dr
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