13908 Garber Ln, Houston, TX 77015
Multifamily property available in Houston, Texas.
- Added:
- Dec 8, 2023
- Days on Market:
- 925
- Last Refresh:
- May 12 at 9:52 pm
Property Features for 13908 Garber Ln
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing agent Joe Tijerina License #TX 708407
Listing office CENTURY 21 Garlington & Associates
Listing date Dec 8, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Garlington & Associates
HighLights
- For sale
- Year Built: 1962
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $21.96 |
| − Vacancy | −$3.4k | −$1.36 |
| EGI | $51.5k | $20.60 |
| − OpEx | −$23.2k | −$9.27 |
| NOI | $28.3k | $11.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.176883
- Latitude
- 29.773706
