FREE book: The Book on Texas Real Estate Investing — download now

New Construction 16-Unit Next to University of Houston

3709 Anita St, Houston
ROI
26.17% IRR
Strategy
Short Term Rental
New construction 16-unit next to University of Houston. Two buildings, (8) furnished 2bd/2ba and (8) unfurnished 1bd/1ba. Strong employer/tenant pool, gentrifying neighborhood, and no HOA. Ideal property for a mix of mid-term, short-term, and student housing. Two 8-unit buildings with 5,152 total sq ft. (8) furnished 2 bed, 2 bath units and (8) unfurnished 1 bed, 1 bath units.

Enter your email to download the proforma

< Back to Daily Deals

New Construction 16-Unit Next to University of Houston

Listed 03/04/2024

3709 Anita St, Houston

Purchase Price:$1,950,000

Cash Outlay:$704,000

Cashflow:$6,744/mo

Cap Rate:10.00%

IRR:26.17%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Houston Cashflowing 4-Plex $230k

5101 Crane St, Houston

Purchase Price:$230,000

Cash Outlay:$62,100

Cashflow:$405/mo

Cap Rate:8.10%

IRR:21.06%

Long Term Rental

DFW (Fort Worth) 1% Rule Duplex $246k

2509 Normont Cir, Fort Worth

Purchase Price:$246,000

Cash Outlay:$66,420

Cashflow:$317/mo

Cap Rate:7.53%

IRR:18.36%

Long Term Rental

DFW (McKinney) Off-Market Great Location Duplex

2429 / 2431 Lakeview Cir, McKinney

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$151/mo

Cap Rate:6.47%

IRR:13.29%

Long Term Rental

Houston Fully Occupied Duplex $575k

5140 Mallow St, Houston

Purchase Price:$575,000

Cash Outlay:$155,250

Cashflow:$178/mo

Cap Rate:6.36%

IRR:12.76%

Long Term Rental

Houston New Construction Quadplex Luxury Finishes $750k

4501 Newberry St #A-D, Houston

Purchase Price:$750,000

Cash Outlay:$202,500

Cashflow:$687/mo

Cap Rate:7.09%

IRR:16.24%

Short Term Rental

Galveston 7-Unit SELLER FINANCED Portfolio $1.05M

3506 Cove View Blvd, Galveston

Purchase Price:$1,050,000

Cash Outlay:$283,500

Cashflow:$695/mo

Cap Rate:5.63%

IRR:13.69%