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7430 Mount St
Houston, TX 77088 Acres Homes

$1,350,000 USD

Apartments For Sale  •  8,316 SF

Property Details

• Property Type Apartments
• Total Building Size 8,316 SF
• Lot Size 0.28 AC
• Year Built 1960
• Cap Rate 8.40 %

41 Transit Score

43 Walk Score

Highlights

Mount Apartments is a 12-unit multifamily property offering a value-add opportunity through organic rent growth, with below-market rents.

Fully occupied property located in a highly desirable submarket of Houston, Texas.

Mount Apartments features new interior and exterior paint, an updated roof, new stoves, air conditioning units, refrigerators, and updated plumbing.

Houston remains one of the nation’s top-performing metros for job growth, with the labor market now boasting over 300,000 more positions.

Over the past decade, Houston’s population has expanded at a remarkable pace 18.2% growth compared to the national average of 6.2%.

Recognized as the largest medical complex in the world-employs tens of thousands of healthcare professionals, researchers and support staff.

Cap Rate:

8.40 %

Amenities

• Fenced Lot

Public Transportation

Commuter Rail	Drive	Walk	Distance
	16 min	-	9.2 mi
Airport	Drive	Walk	Distance
George Bush Intcntl/Houston	21 min	-	13.7 mi
William P Hobby	36 min	-	22.0 mi

Parking Details

Parking Available:	Yes
Reserved:	Yes
Spaces Provided:	15
Type:	Reserved
Included in Rent:	Yes