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6 Units at 7301 Sherman St -Value Add Opportunity! Houston, TX. Houston

$430,000
Property type:Rehab Multi-Family Value Add Projects
Area (Sq Ft)
3725
Bedrooms
8
Bathrooms
6

The space

  • Land Size: 7500 Sq Ft
  • :

Description

For more information on pricing, financing, and more…contact Otto at (713) 530-9793 or otto@sanmore.com

6 Units (4Plex+2 SFH)

  • Unit mix = 2 Units (2×1) & 4 Units (1×1)
  • 4Plex: 2,220sf, SFH: 785sf & SFH: 720sf 
  • Ample surface parking

Utilities & Amenities

  • Electric/Gas separately Metered.
  • Water, Gas & Electricity
  • City Garbage Collection

Located in Houston’s East End  

  • Located minutes from The East River Project, EADO, Downtown Houston, University of Houston, Texas Medical Center and much more
  • Growing demand in the Real Estate market
  • The local apartment submarket indicates stable occupancy with increasing rental rates. New residential and commercial developments in the immediate area

                  ONLY $26K TO CLOSE!

****Estimated ARV APPRAISAL: $694k***

We are offering this property as a SANMORE PACKAGE DEAL!

– PURCHASE PRICE $430K

– REHAB RESERVES: UP TO $56K