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Property profile

2013 Eubanks St Houston, TX 77093

OFF-MARKET
Apartment buildings
Property ID
US82-1863539
Built 1940
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-maintained, nine-unit apartment complex ideally situated in Houston, Texas. The property, located at 2013 Eubanks St, 77093, in Harris County, comprises two buildings, each two stories high, sitting on a spacious 12,000 square foot lot. Built in 1940 and extensively renovated in 2023, this Class C multifamily property boasts a total net rentable area of 4,289 square feet. The unit mix includes four studios, three two-bedroom units, one one-bedroom unit, and one three-bedroom unit. Currently, only two units are vacant, indicating strong occupancy. The asking price is $675,000, translating to an attractive price per unit of $75,000. A new roof was installed during the 2023 renovations, along with other significant upgrades. Utilities are conveniently included in the rent, simplifying management and enhancing cash flow. The property's location offers easy access to Houston's amenities while providing a solid foundation for a lucrative investment. This is a rare chance to acquire a well-maintained, updated multifamily property with strong rental income and significant upside potential. Don't miss this opportunity to add a high-performing asset to your portfolio.

Property profile

Verified
Property type Apartment buildings
Year built 1940
UPID US82-1863539

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2013 Eubanks St Houston, TX 77093
Houston metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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