Bangle Rooming House

16 Unit Dormitory | $460,120 ($28,758/Unit) | 10% Cap Rate | Houston, TX 77012

Asking Price $460,120

Property Type: Multifamily
Square Feet: 2,288 SF

Listing Contacts

John Hernandez

Verified Profile

Property Info

Property Overview

Bangle Rooming House consist of 2 buildings on a 5000 square foot lot. 16 rooms for rent. 8 rooms in the front and 8 rooms in the back house.
average rent is 450 per month. onsite property manger. all utilities are paid by owner. property has all permits needed to operate successfully. seller will train new owner if needed.

Property Details

Class: C
Year Built/Renovated: 1935/2020
Stories: 2
Property Subtype: Dormitory
Lot Size (sq. ft): 4,792 SF
Units: 16

Highlights

Easy to Operate
Established business and customers
Great Cash Flow and Great Equity upside for new owner

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