OFF MARKET LOAN ASSUMPTION MULTIFAMILY IN HOUSTON TX π₯π₯π₯
π₯ 300+ Unit Loan Assumption deal Houston Texas π₯
ASKING: $41M
β 6.20% cap on
β $37.1M assumable non-recourse debt at 3.73% fixed (5 yrs left)
β Buyer only brings $4M down payment to the table + closing cost + 1% buyers fee
β 15%+ COC Return | 2.48x Equity Multiple | 19% IRR
β Fully stabilized asset with upside via light interior upgrades
β Prime Alief submarket (Houston, TX)
π© chiderafluxy@gmail.com | π 639-397-5318
Posted Jul 19, 2025, 7:44 PM UTC
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