BAYTOWN TEXAS 70 UNIT MFU NEARLY FULLY OCCUPIED

Harris County, Baytown, TX, 77520 view full address
For Sale
Listed at: November 23rd 2022
Price
$9,500,000
ARV
$9,750,000
Spread
$250,000
Sq. Footage
0
Type
Multi family
Parking
Assigned
Year build
1965
Lot size
0 acres
Bedrooms
0
Bathrooms
0
Summary

BAYTOWN TEXAS 70 UNIT MFU NEARLY FULLY OCCUPIED

510 WILLIAMS AVE BAYTOWN TX 77520

ARV $9,750,000

PRICE +4%

Gross Annual Income: $905,800

Annual Expenses: $313,116

Net Operating Income: $592,684

Cap Rate: 6%

97% Occupancy

100% Rehabbed in 2015 

Built in 1965 

CLASS C

The seller was able to capture an extra $100 per month in rent because of the updates.

There is an assumable loan on the property of $4,200,000 @4.84%.

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DON'T MISS OUT ON THIS OPPORTUNITY

More info: (727) 224-1720

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
● Buyer pays all closing costs
● Get in touch with us now!
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to a third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal.  
Street View
Location and Comparables
Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price