Average square foot calculated using Size range provided by listing agent.
Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually) This property features central HVAC and benefits from a long-term lease secured through May 2027, providing investors with stable cash flow. Recent upgrades include a kitchen remodel and underground plumbing replacement (2022), hot water heater replacement (2025), and a bathroom remodel (2023). Core exterior and electrical systems were addressed in 2014, including new siding, windows, exterior paint, and electrical wiring. Condition & Value-Add: The roof requires repair, and landscaping presents an opportunity to enhance curb appeal. With major systems and interior spaces largely updated, remaining improvements are targeted and discretionary, aimed at maximizing future appreciation and maintaining long-term durability. Perfect for institutional investor.Show Description