Lancia Portfolio
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Lancia Portfolio
2 Multifamily Properties Offered at $2,000,000 in Houston, TX
Investment Highlights
- 38 units with great potential to create value and bring high rent.
- Owner financing is available.
Executive Summary
We are thrilled to present an exceptional investment opportunity in the heart of Houston – a strategically positioned 38-unit portfolio of Class C multifamily properties with substantial value-add potential.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,000,000 | Number of Properties | 2 |
| Price / SF | $45.70 / SF | Individually For Sale | 0 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 43,760 SF |
| Sale Type | Investment | Total Land Area | 0.94 AC |
| Status | Active |
| Price | $2,000,000 |
| Price / SF | $45.70 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 43,760 SF |
| Total Land Area | 0.94 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
East Villa Apartments
6840 Fairway Dr, Houston, TX 77087 |
Multifamily | 27,710 SF | 1960 | - |
|
Lancia Flats
6821 Fairway Dr, Houston, TX 77087 |
Multifamily | 16,050 SF | 1960 | - |
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