MULTIFAMILY OPPORTUNITY AT 3245 Dixie Drive, Houston Tx
More for your money
- New successful multifamily in Houston
- Type: Multifamily
- Style: 2 Storey
- Bedrooms: 7
- Bathrooms: 5
- Size: 3,669 sq. ft.
- Development Level: Built
- Lot Size: 5360 acres
- Year Built: 2019
A great opportunity to get a newly-constructed multifamily building
Each building offers a triplex: 3bed, 2 baths on 1st floor, and two more with 2beds and 2 bads on 2nd floor.
It is surrounded by schools, universities (Rice, UST, TSU, & UofH), the Texas Medical center
Radius of 2 miles
All comps are much older multi-family buildings – built in 30s, 40s, & 50s
Comps suggest base price of $577,500
Adjust upward $100,000 for new construction
Adjust downward $47,425 (7%) for location objections
Estimated adjusted list price $630,075
Rents range (monthly) $1,250 to $1,400
Brokered and Advertised by :
Information is deemed to be correct but not guaranteed.