6912 Calhoun Rd Houston, TX 77021
High-Cap Rate, Fully Leased, Renovated
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 6912 Calhoun Rd
General Information
- Property type
- Distribution properties
- Square Feet
- 14,596 SF
- Class
- B
Building Details
- Year Built/Renovated
- 1962/2023
- Buildings
- 1
- Stories
- 1
- Units
- 4
HighLights
- 8.52% cap rate, a rare opportunity in the Houston market.
- 2023 renovation of a 14,596 SF building on a 21,825 SF lot.
- 100% occupancy with four tenants under gross leases.
- Strong NOI of $93,486, generating approximately $9,400 in monthly rent.
- Minimal management needed due to strong occupancy and recent renovations.
- Excellent location near expanding residential areas in Houston, TX.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.351260562046
- Latitude
- 29.686809845974