Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

921 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7 Cashflowing Units in New Caney, TX 25030 Twin Oaks Dr

7 Unit Apartment Building $670,000 ($95,714/Unit) 7.05% Cap Rate New Caney, TX 77357

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Healthy demand in the area’s real estate market
Near the main points of interest of outside of North Houston (The Woodlands, Spring, Conroe, Intercontinental Airport, Humble)

Good property for investment & cashflow
Plenty of space for parking

Executive Summary

7 Unit Multifamily Property (3 Buildings)
*Fourplex with Three (2 bed & 1 Bath) Units & One (1 Bed & 1 Bath) Unit
*Duplex with Two (2 bed & 1 Baths) Units
*Single Dwelling (1 bed & 1 Bath) Unit
*No HOA
*Latest Remodel: 2020
*Water Meter (All Bills Paid) *except for the single dwelling unit*
*Electric Meter (All Bills Paid) *except for the single dwelling unit*
*Washer & Dryer Connections in each unit
*Stove/microwave, Refrigerator included in each unit
*A/C Type: Window Units
*Roof: Two buildings got new roofs in October 2024 & the other roof is about 10 years old
*Paving: Asphaltic Concrete
*Exterior Construction: Hard-Plank Siding
*Parking: Ample Open Spaces
*Healthy demand in the area’s real estate market
*Good property for investment & cashflow
*Near the main points of interest of outside of North Houston (The Woodlands, Spring, Conroe, Intercontinental Airport, Humble)

OM 25030 Twin Oak Dr, New Caney, TX 77357

Property Facts

Price	$670,000	Building Class	C
Price Per Unit	$95,714	Lot Size	0.38 AC
Sale Type	Investment	Building Size	3,774 SF
Cap Rate	7.05%	Average Occupancy	100%
No. Units	7	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	2003/2020
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	$670,000
Price Per Unit	$95,714
Sale Type	Investment
Cap Rate	7.05%
No. Units	7
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.38 AC
Building Size	3,774 SF
Average Occupancy	100%
No. Stories	1
Year Built/Renovated	2003/2020
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.