46-Unit Fully Leased
7530 Canal St Houston, TX 77012
7530 Canal St, Houston, TX, 77012
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For Sale
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46-unit multifamily building with 28 fully rehabbed units and a renovated exterior with outdoor amenities.
Days on Market104
Property Features for 7530 Canal St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Sanmore Investments
Listed by
boris sanchez · License #9006906
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 12:59AM Checked: Jul 23 at 12:59AM
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 Sanmore Investments
Investment Insights
Based on property information with market context.
This is a 46-unit apartment building offered for sale and currently fully leased. According to the seller, 28 of the units have been completely rehabbed from the ground up, including granite countertops, high-quality laminate flooring, new sheetrock, updated paint, brand new double-pane windows, and new A/C and heating units. The exterior has also been renovated, with a playground and garden area, exterior lighting, and illuminated signage.
Additional sources of income include laundry and parking, grossing close to $2,000 per month, per the remarks. The property is at 7530 Canal St, Houston, TX 77012. The seller notes the pro forma supports $5MM at a 7% cap, and that the buyer must be able to assume a $2.7MM loan at 4.97% interest. For financial information and questions, contact Joel at 713.458.8686 or email Boris@san more.com.
Additional sources of income include laundry and parking, grossing close to $2,000 per month, per the remarks. The property is at 7530 Canal St, Houston, TX 77012. The seller notes the pro forma supports $5MM at a 7% cap, and that the buyer must be able to assume a $2.7MM loan at 4.97% interest. For financial information and questions, contact Joel at 713.458.8686 or email Boris@san more.com.
Key Highlights
- 46‑unit multifamily property in East Houston with all units currently fully leased.
- 28 units were completely rehabbed from the ground up, including new double‑pane windows, HVAC/AC‑heating units, sheetrock, and updated finishes.
- Unit mix: mostly 2 bed / 1 bath, with 1 one‑bed unit and 2 three‑bed units.
Property Analytics
Location Intelligence
Current Use by Public Records
Emory at Canal Apartments
Apartment Complex
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FAQs
What type of property is this?
Apartment building - 46-unit multifamily building with 28 fully rehabbed units and a renovated exterior with outdoor amenities.
Where is this apartment building located?
The property is located at 7530 Canal St Houston, TX.
What are key features of this property?
This property features: 46‑unit multifamily property in East Houston with all units currently fully leased.; 28 units were completely rehabbed from the ground up, including new double‑pane windows, HVAC/AC‑heating units, sheetrock, and updated finishes.; Unit mix: mostly 2 bed / 1 bath, with 1 one‑bed unit and 2 three‑bed units.
