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1623 Brazos St
Hempstead, TX 77445

Price Upon Request

Multifamily For Sale  •  4,910 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 4,910 SF
  • Lot Size 0.3 AC
  • Year Built 2010
  • Cap Rate 12.90 %
0 Transit Score
25 Walk Score

Highlights

High Cap - 12.9% CAP
Fully Occupied: 100% occupancy provides immediate, stable cash flow on day 1. Turn key investment.
Minimal Management Requirements: Low-maintenance park with straightforward day-to-day operations.
Individually Metered Utilities: City water and sewer with individual meters reduce landlord responsibilities and operating costs.
Value-Add Opportunity: Current rents are below market, allowing for rental increases and higher income potential.
Strong Growth Market: Located in an expanding area of Hempstead with potential for rental growth and property appreciation.

Property Flyers

Cap Rate: 12.90 %

Public Transportation

AirportDriveWalkDistance
Easterwood Field 64 min - 47.7 mi
Richard Lin 832-304-3008 The Lin Team | Commercial
Richard Lin 832-304-3008 The Lin Team | Commercial