Multi-Family
Investment Opportunities

Investment Highlights

• 100% occupied with below-market rents
• Proven $150+/unit upside potential
• Fresh capital improvements (2024): new roof, HVAC, plumbing, appliances
• Acres Homes submarket — 18.2% population growth (vs. 6.2% national)
• Proximity to Texas Medical Center (world's largest medical complex)

Unit Mix

Investment Highlights

• Immediate 34% lease-up opportunity (currently 66% occupied)
• South Union submarket — rapid appreciation corridor
• As-is distress sale presents significant entry discount
• Mix of 4 one-bedroom + 11 two-bedroom units
• Operational improvements needed — perfect for value-add operator

Property Details

• Building Size: 9,358 SF
• Lot Size: 0.23 AC
• Building Class: C
• Stories: 1 (Walk-up)
• Tax Assessment: $515,948 (2025)

Investment Highlights

• Owner financing available — no credit or bad credit OK
• Corner lot with 29,240 SF land (0.67 AC)
• Proximity to UH, Texas Southern, UHD — strong student housing demand
• 20 one-bedroom + 4 two-bedroom configuration
• Central location with easy access to major highways

Property Details

• Building Size: 13,850 SF
• Stories: 2
• Building Class: C
• Parking Ratio: 2.45/1,000 SF
• Tax Assessment: $1,100,000