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3121 & 3123 Isabella 3121 Isabella St 8 Unit Apartment Building $475,000 ($59,375/Unit) Houston, TX 77004

INVESTMENT HIGHLIGHTS

  • Fully Occupied
  • Conveniently located
  • Recently Updated

EXECUTIVE SUMMARY

8 Units all 1 bedroom 1 bath room. 2 buildings each with 4 units.

ATTACHMENTS

3121 Isabella - Rent Roll
3121 Isabella - Income Statement

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL ANNUAL PER SF
Gross Rental Income $74,865 $18.57
Other Income $3,203 $0.79
Vacancy Loss - -
Effective Gross Income $78,068 $19.36
Taxes - -
Operating Expenses - -
Total Expenses $29,832 $7.40
Net Operating Income $48,236 $11.96

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income
Annual $74,865
Annual Per SF $18.57
Other Income
Annual $3,203
Annual Per SF $0.79
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $78,068
Annual Per SF $19.36
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $29,832
Annual Per SF $7.40
Net Operating Income
Annual $48,236
Annual Per SF $11.96

PROPERTY FACTS

Price $475,000 Building Class C
Price Per Unit $59,375 Lot Size 0.07 AC
Sale Type Investment Building Size 4,032 SF
No. Units 8 Average Occupancy 100%
Property Type Multifamily No. Stories 2
Property Subtype Apartment Year Built 1946
Apartment Style Garden Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $475,000
Price Per Unit $59,375
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.07 AC
Building Size 4,032 SF
Average Occupancy 100%
No. Stories 2
Year Built 1946
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $850.00 -
1 of 1
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0611680350025
  • 0611680350012
 Improvements Assessment $253,500 (2024)
Land Assessment $131,250 (2024) Total Assessment $384,750 (2024)

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0611680350025
  • 0611680350012
Land Assessment
$131,250 (2024)
Improvements Assessment
$253,500 (2024)
Total Assessment
$384,750 (2024)
(713) 523-7402

CONTACT

  • Gerald Womack
    Gerald Womack

  • Listing ID: 29177864

  • Date on Market: 8/3/2023

  • Last Updated:

  • Address: 3121 Isabella St, Houston, TX 77004

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3121 & 3123 Isabella | 3121 Isabella St
(713) 523-7402 x

3121 & 3123 Isabella | 3121 Isabella St

Gerald Womack
(713) 523-7402

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