2002 Barbee St
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2002 Barbee St
8 Unit Apartment Building $1,150,000 ($143,750/Unit) Houston, TX 77004
Investment Highlights
- Prime location! Just minutes away from hotspots such as Medical Center, Downtown and Mid-Town.
- Perfect for long-term leasing and short-term rentals.
- Great opportunity for long term rental or short term rental such as Airbnb.
- Excellent choice for investors looking for a value add asset in a high-demand market.
- $155,000 in improvements and repair.
- No HOA!
Executive Summary
Located at 4301 Chartres Street and 2002 Barbee Street, this multifamily asset features two buildings with a total of eight units (four units per building). Situated in the Medical Center just minutes away from Downtown Houston, This property offers a rare combination of location, quality, and income potential.
Each unit consists of 1 bedroom and 1 bathroom, with efficient layouts ranging from 600 to 650 square feet. The property is renovated and ready for operation, presenting an excellent opportunity for investors seeking to stabilize cash flow. The central location is ideal for both long-term leases and short-term rental strategies.
Each unit consists of 1 bedroom and 1 bathroom, with efficient layouts ranging from 600 to 650 square feet. The property is renovated and ready for operation, presenting an excellent opportunity for investors seeking to stabilize cash flow. The central location is ideal for both long-term leases and short-term rental strategies.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
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Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 0192730000001 | Improvements Assessment | $180,889 |
| Land Assessment | $300,000 | Total Assessment | $480,889 |
PROPERTY TAXES
Parcel Number
0192730000001
Land Assessment
$300,000
Improvements Assessment
$180,889
Total Assessment
$480,889
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2002 Barbee St
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