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4419 Denmark St

9 Unit Apartment Building $750,000 ($83,333/Unit) 4.70% Cap Rate Houston, TX 77016

Investment Highlights

  • 9 individual homes on 4 lots
  • Tiny Home Village Opportunity
  • 6 miles to downtown Houston
  • Artist Colony Opportunity

Executive Summary

Don't miss this incredible opportunity to own a Tiny Home Village Community. Recently drastically lowered in price. You will have the opportunity to to create & update these tiny homes with your personal touch. Located 6 miles to downtown Houston. There is much opportunity to transform these diamonds in the rough into your very own tiny gems. Many new homes being built in the neighborhood. 4 units are currently rented. Cap rate could double or more.
Consists of 9 homes on 4 lots. 5 homes are 600 sq' 2 bedroom 1 bath. One home 1000sq' 2 baths and laundry room. One home is 3 bedroom 1 bath. 2 homes ( a duplex ) with a door has been added and now using as 1 home (rented). There is an adjoining lot that could be sold too.
Possibly turn into a co-op or own your tiny own village. How about an artist colony? The possibilities are endless. This is an unusual opportunity. Don't let it pass by.
Are you ready to embark on an extraordinary tiny home journey? Contact me today & let's make your tiny home dreams come true.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $750,000
Price Per Unit $83,333
Sale Type Investment
Cap Rate 4.70%
Sale Conditions Bulk/Portfolio Sale
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Single Family Home
Building Class C
Lot Size 0.57 AC
Building Size 6,200 SF
Average Occupancy 50%
No. Stories 1
Year Built/Renovated 1961/2000

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 9 - 600 - 1,000
  • Listing ID: 30295275

  • Date on Market: 12/6/2023

  • Last Updated:

  • Address: 4419 Denmark St, Houston, TX 77016

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