OFF MARKET 364 UNIT MULTI FAMILY IN HOUSTON TX πŸ”₯πŸ”₯πŸ”₯

πŸ”₯ 300+ Unit Loan Assumption deal Houston Texas πŸ”₯

ASKING: $41M

βœ… 6.20% cap on

βœ… $37.1M assumable non-recourse debt at 3.73% fixed (5 yrs left)

βœ… Buyer only brings $4M down payment to the table + closing cost + 1% buyers fee

βœ… 15%+ COC Return | 2.48x Equity Multiple | 19% IRR

βœ… Fully stabilized asset with upside via light interior upgrades

βœ… Prime Alief submarket (Houston, TX)

πŸ“© chiderafluxy@gmail.com | πŸ“ž 639-397-5318

Posted Jul 19, 2025, 7:46 PM UTC

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