CASH COW! Unique Opportunity to own a 22 Units Single Room Occupancy (SRO) Building. It has been operated as a SRO property for over 8 years. All tenants are on leases. Tenants share large kitchen area and 7 bathroom/showers. Most tenants are Long Term. Current owner has turned a former retail building into HIGHLY PROFITABLE multiunit property. Extremely Low Expense Ratio. Current owner would be willing to train buyer (or new management company) on operations. Yes the Cap Rate is Correct - 19.7% with no debt. Leveraged Cap Rate is 12.9% assuming 30% Down. NO OWNER FINANCE VERY IMPORTANT: DO NOT TOUR OR GO BY THIS PROPERTY w/o Contacting our office. Due to the unique nature of this property and the tenants DRIVE BY's ONLY are allowed.
2 stories modern hotel building. with 40 room on an ample abt.2 acres of land . Swimming pool, Breakfast room.
1. SERIOUS BUYER ONLY, DRIVE-BY ONLY . PLEASE PROVIDE PROOF OF FUNDS FROM BANK. 2. **** ABSOLUTELY CONFINDENTIAL, PLEASE DO NOT DISTUB ON- GOING BUSINESS. PLEASE CONTACT OWNER / AGENT FOR AN APPOINTMENT*****
$1,202,256Size Upon Req.
Ideal for gas station, hotel & retail development. Close proximity to IAH with excellent access to U.S. 59.
Transformed into a magazine worthy single residence this historic 3 story bldg features a handsome masonry exterior encased in a smooth stucco finish w/a simple pediment cornice. Grand entertaining on each floor. Billiard area. 2 ethanol fireplaces. Wine storage. 2 chef's kitchens + a guest kitchenette. Exquisite master suite, bath & living area. Elevator. 3 theaters & 9 TV's. Exercise rm. Fabulous poolside setting w/gracious porch, beautiful gardens & lovely pool. Dramatic lighting indoors & out.
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major hotel franchise project. land, all utilties, plans, franchise approval, all permits
Land with great potential for all kinds of retail development, such as gas station, free standing restaurant, chain store, motel, etc. 350 ft facing Eastex Freeway. For sale with 4,920 sq ft metal warehouse with about 800sq ft office space, plus living quarter. Fully fenced. Currently occupied by a machinery workshop. The sale also included a ground lease for a Billboard sign which generates $800 per month
Spacious guestrooms include: 32-inch flat screen TV with DirecTV residential experience, accessible features, microwave, minirefrigerator, hair dryer, iron/ironing board, coffee/tea maker, work desk with lamp, phone with voicemail, double glazed windows, iron/ironing board, separate hanging closet and an alarm clock.
Price Upon Req.25,225 SF
MAKE AN OFFER. SELLER SAYS SELL, PRICE REDUCED. 1550 LaConcha is the former Ronald McDonald House. It is occupied by Southwest Key a single tenant who accepts children at the La Concha shelter The shelter is open 24 hours a day and accept children anytime. Their staff works around the clock assisting, teaching and mentoring the residents. During their stay, they receive counseling, legal and medical services, and attend an on site school while awaiting the resolution of their legal case.
Nestled near some of the hottest neighborhoods in Houston, the former Howard Johnson sits on 4.3 acres (188,049 sqft) directly on Interstate 45 near 610 north, just 4 minutes north of Downtown Houston. The traffic count on this stretch of Interstate 45 is over 300,000 cars per day. The hotel sits just 1 exit up from the Houston Heights and just 2 major lights East of Oak Forest/Garden Oaks. Both of those neighborhoods have new houses ranging from $500,000 and up to $2+ Million. Dirt value of the land is $2.8MM at $15 a sqft.