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4003 Reid St

Houston, TX 77026

$685,000

Apartments For Sale  •  10,098 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 10,098 Sq Ft
  • Lot Size 0.6 ac
  • Year Built 1990
52 Transit Score
34 Walk Score

Description

5 PROPERTIES SOLD AS ONE, GATED PROPERTIES. 12 UNITS WITH AN additional 6,250 SQ FT UNIMPROVED LOT TO DEVELOP MORE UNITS. 100% occupancy. WALKING DISTANCE TO 59 NORTH FREEWAY.
4 BUILDINGS (4005.5 REID #4 (4 PLEX), 4010 REID #6 (6 PLEX), 4003 REID (2 BED, 1 BATH), 4005 REID (2 BED, 1 BATH)).
10 UNITS ARE 1 BED/1BATH. 2 UNITS COMPRISE OF 2 SINGLE FAMILY HOUSES SITTING ON THEIR OWN LOTS.  TENANTS ON 12 MONTH CONTRACTS. SEPARATE ELECTRICAL METERS.

Highlights

LESS THAN 10 MINUTES FROM DOWNTOWN
LOCATED CLOSE TO 59 NORTH FREEWAY AND 610 NORTH LOOP EAST
WALKING DISTANCE TO PUBLIC TRANSPORTATION
GREAT COMMUNITY OF 12 MONTH TENANTS. LOW TURNOVER RATE.
5 PARCELS OF LAND TOTALING OVER 1/2 AN ACRE OF TOTAL LAND (INCLUDING 6250 SQ FT LAND TO DEVELOP MORE UNITS)
2 SINGLE FAMILY HOMES (2 BED/ 1 BATH), 4 PLEX, 6 PLEX, 1 UNIMPROVED LOT TO DEVELOP MORE MULTIFAMILY UNITS

Financial Summary (Actual)

Net Operating Income: $58,727 (2018)
Total Expenses: $12,297

Amenities

  • Smoke Free
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Walk-In Closets
  • Carpet

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Henry Morales 281-556-8100 Buena Vista Management
Henry Morales 281-556-8100 Buena Vista Management