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Stonework New Construction Rental Homes

4 Multifamily Properties Offered at $1,380,000 in Houston, TX

INVESTMENT HIGHLIGHTS

  • Safe and Gated Community
  • Easily Rentable
  • Warranties Transferrable to Buyer
  • Almost New Homes

EXECUTIVE SUMMARY

EXCEPTIONAL INVESTMENT OPPORTUNITY in this portfolio of 4 modern homes for sale! LISTING PRICE IS FOR EACH HOME, will consider selling separate. Four newly built homes (2023 and 2024 builds), located in desirable gated neighborhoods, which also include these homes: 11327 Stonework Garden(next door), 8438 Berry Grn, and 6712 Parker Grove. Latest in design and energy efficiency with premium appliances. Modern finishes throughout to attract the best tenants. High-end countertops, cabinetry, flooring, and lighting. All homes also come with a structural warranty from the builder that is good for another 9 years. Rental income is already there as three of the four homes are currently rented, providing immediate income. High rental demand and strong potential for appreciation. With tenants in place in almost all homes, these properties offer a hassle-free investment. Tenants pay the monthly maintenance fee. Perfect for investors seeking a stable and lucrative addition to their portfolio!
Please contact listing agent for any additional questions or help. 6712 Parker Grove Ln is vacant, but could be leased for $2400/month (conservative). 8438 Berry Green Ln is vacant but was previously leased for $2800/month. 11325 Stonework Garden Ln is vacant but was previously leased for $2800/month. 11327 Stonework Garden has a tenant until May 2025 for $2700/month. Tenants pay monthly maintenance fee as utility fee as it includes water, sewer and trash.
6712 Parker Grove and 8438 Berry Green Ln comes with brand new Washer/Dryer/Refrigerator.

PROPERTY FACTS

Price $1,380,000
Price / SF $188.91 / SF
Sale Conditions Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 7,305 SF
Total Land Area 0.14 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
8438 Berry Green Ln, Houston, TX 77022 Multifamily 1,772 SF 2022 -
11325 Stonework Garden Ln, Houston, TX 77076 Multifamily 1,779 SF 2023 -
11327 Stonework Garden Ln, Houston, TX 77076 Multifamily 1,954 SF 2023 -
6712 Parker Grove Ln, Houston, TX 77076 Multifamily 1,800 SF 2022 -
Show More > < Show Less
  • Listing ID: 32770316

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: Stonework New Construction Rental Homes, Houston, TX

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