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2906 Berry Road

Houston, TX 77093
  • $2,050,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 34266885
UPDATED: 10 min ago
$2,050,000
  • 2
    BEDS
  • 0.38
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 9,520
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Information

High School:
School District:

Description

No HOA, Opportunity zone. not in flood zone. Modern finishes..Low maintenance new construction one building 12 units. Recent Appraisal Report value at 2.25 mil. FULLY OCCUPIED. Individual metered. Current NOI is 109,853 . Rent are scheduled to increase by at least 15 percent(still below market rent), Projected NOI for year 2023,2024 is 141,161. There are 8 unit of 2 bed rooms, 2 baths. All units with high end finishes comes with appliances, including washer and dryer. High ceilings, select units with vinyl wood-look floors and select units with wood-look tile floors. Tankless water heater, Metal Roof, 7 foot iron gate with remote access. Parking is well lit with 20 parking spaces. Certificate of occupancy and survey is uploadedIndividually Metered. Very easy to rent since property is already modernized. Located 8 minutes from Downtown

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© 2023 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-01T11:14:12.763.
www.micheleharmonteam.com/homes/135595685
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2906 Berry Road Houston, TX 77093

  • Price: $2,050,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 10 min ago
  • MLS #: 34266885
2
Beds
2
Baths
0
½ Baths
0.38
Acres
9,520
SQFT
$215
$/SQFT
2021
Built
Neighborhood:
New Berry Road Reserve A
County:
Harris
Area:
9 - Central North
Elementary School:
Berry Elementary School (Houston)
Middle School:
Patrick Henry Middle School
High School:
Kashmere High School
School District:
Houston
Property Description
No HOA, Opportunity zone. not in flood zone. Modern finishes..Low maintenance new construction one building 12 units. Recent Appraisal Report value at 2.25 mil. FULLY OCCUPIED. Individual metered. Current NOI is 109,853 . Rent are scheduled to increase by at least 15 percent(still below market rent), Projected NOI for year 2023,2024 is 141,161. There are 8 unit of 2 bed rooms, 2 baths. All units with high end finishes comes with appliances, including washer and dryer. High ceilings, select units with vinyl wood-look floors and select units with wood-look tile floors. Tankless water heater, Metal Roof, 7 foot iron gate with remote access. Parking is well lit with 20 parking spaces. Certificate of occupancy and survey is uploadedIndividually Metered. Very easy to rent since property is already modernized. Located 8 minutes from Downtown
Exterior Features

Access Automatic Gate Lot Description Corner Parking Desc Automatic Driveway Gate Parking Per Unit One Roof Other Siding BrickCement Board

Interior Features

Compactor No Cool System Central Electric Countertops Quartz Dishwasher Yes Disposal Yes Floors TileVinyl Heat System Central Electric Microwave Yes Range Yes Refrigerator Yes

Property Features

Contract Type Commercial Country United States Disclosures Real Estate OwnedTenant Occupied Energy Attic FanAttic VentsCeiling FansDigital Program ThermostatEnergy Star Appliances Expense Operating 57846 Expense Owner Operating InsuranceMaintenance/RepairManagementTaxesTrash Collection Fee Other No Finance Available Investor Income Gross 199008 Income Net Operating 141161 Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No Misc Features Central LaundryFire/Smoke AlarmSubdivision LotWasher/Dryer Connections New Construction No Property Sub Type 5 Plus Restrictions None Sq Ft Source Appraisal Tax Amount 23750 Tax Rate 2.3307 Tax Year 2022 Unit Features Fenced Area Utilities CableElectricWater Year Built Src Appraisal District

Listing information © 2023 Houston Association of REALTORS® MLS.
Listing courtesy of The Realty: [IDXCONTACTINFORMATION].



© 2023 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-01T11:14:12.763.
 
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Michele Harmon Team | RE/MAX Vintage
9720 Cypresswood Dr., Suite 250
Houston TX, 77070