This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

12-Unit Multi-Family Portfolio - Houston

2 Residential Properties Offered at £1,909,008 in Houston, TX

Investment Highlights

  • Offering Seller-Financing: This Opportunity is Being Offered With Attractive Seller-Financing Terms
  • Revenue Potential: Strong and Stable Revenue Potential Through Effective Marketing and Operations
  • Downtown Houston: Prime Location Only 2-Miles From Downtown Houston
  • Multiple Exit Strategies: New Owner Can Choose Between Short-Term Rental or Long-Term Rental Options
  • Strong Demographics: 140,827 Households Within a 5-Mile Radius, With an Average Household Income of $83,208
  • Major Highways: Quick Connections to I-45, I-10 and the Inner Loop I-610 For Convenient Commuting

Executive Summary

Sands Investment Group is Excited to Exclusively Offer For Sale the Polk Street Multi-Family Portfolio, a 12-Unit Turn-Key Asset Featuring a Neighboring 10-Plex and a Duplex. This Property Comes With Attractive Seller-Financing and Has Undergone Over $200,000 in Recent Renovations, Making it an Exceptional Turn-Key Investment. This Portfolio is Ideally Situated Just 2-Miles From Downtown Houston and 5 Minutes From the University of Houston, a Prime Location Surrounded By a Wealth of Amenities Including Shopping Centers, Restaurants, Hospitals and Major Universities. This Deal Presents a Fantastic Investment Opportunity With Multiple Exit Strategies and the Option For the New Owner to Choose Between Long-Term Rental, Short-Term Rental, Student Housing or Semi-Annual Options, Providing For a Secure Investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BOR: Max Freedman - Lic. TX #644481

Property Facts

Price £1,909,008
Price / SF £290.61 / SF
Sale Conditions Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,569 SF
Total Land Area 0.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4950-4952 Polk Street, Houston, TX 77023 Residential 2,969 SF 2000 -
4948 Polk St, Houston, TX 77023 Residential 3,600 SF 1950 -
Show More > < Show Less
  • Listing ID: 33605962

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 12-Unit Multi-Family Portfolio - Houston, Houston, TX

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}