105-112 Woodland Circle |
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| Price: | $1,750,000 |
| Property Type: | Multi-family |
| MLS #: | 26014668 |
| County: | Houston |
| Year Built: | 1977 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 3.35 |
| Elementary School: | Crockett |
| Middle School: | Crockett ISD |
| High School: | Crockett ISD |
| Established 24-Unit Rental Portfolio – Strong Cash Flow! Excellent investment opportunity in the Rolling Hills Neighborhood! This income-producing property features 24 rental units situated on approximately 3.35 acres. Each unit offers an identical floor plan featuring 2 bedrooms, 1.5 bathrooms, and a cozy fireplace. Exterior construction consists of a combination of brick and siding. Parking accommodations vary throughout the property, with some units offering carports and others featuring covered parking in the rear. Interior finishes include a combination of vinyl flooring and tile. All 24 units are currently rented, generating approximately $17,500 in monthly rental income and $210,000 annually in gross rental income. The owner has made updates and completed repairs as needed, and the units are in good overall condition. With established tenants, consistent rental income, and an attractive gross return, this property offers an excellent opportunity for investors looking to expand their portfolio or acquire a substantial income-producing asset. Don't miss the opportunity to own this established rental community! | |
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FIREPLACE Wood Burning
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DRIVEWAY
Paved
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SEWER
Public Sewer
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Construction Materials
Brick
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HVAC
Central Electric
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Water Source
Public
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Construction Materials
Wood Siding
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GAS
Separate Water Meter
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DRIVEWAY
On Street
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GAS
Separate Electric Meter
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DRIVEWAY
1 Or More Per Unit
Carport
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Courtesy: Lawrence, Nancy • Lawrence Realty • 936-544-4747
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