woodforest 5 condos (12955 Woodforest bl
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woodforest 5 condos (12955 Woodforest bl
5 Flex Properties Offered at $470,000 in Houston, TX
Executive Summary
*** EXCELENT INVESTMENT PORTFOLIO Welcome to 12955 Woodforest, a gated community with pool and assigned covered parking. Pack of 5 fully remodeled 1 bedroom units, each with modern amenities including New A/C, wood floors, granite kitchen countertops, stainless steel appliances, washer and dryer, refrigerator and upgraded bathrooms. Unit #38, #4, #20, #22, and #609 have all been meticulously updated in 2021.
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
$61,920
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$61,920
|
| Taxes |
$6,789
|
| Operating Expenses |
$18,384
|
| Total Expenses |
$25,173
|
| Net Operating Income |
$36,747
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $61,920 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $61,920 |
| Taxes | |
|---|---|
| Annual | $6,789 |
| Operating Expenses | |
|---|---|
| Annual | $18,384 |
| Total Expenses | |
|---|---|
| Annual | $25,173 |
| Net Operating Income | |
|---|---|
| Annual | $36,747 |
Property Facts
| Price | $470,000 | Status | Active |
| Price / SF | $130.92 / SF | Number of Properties | 5 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.63% | Total Building Size | 3,590 SF |
| Sale Type | Investment |
| Price | $470,000 |
| Price / SF | $130.92 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 7.63% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 3,590 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 12955 Woodforest Blvd, Houston, TX 77015 | Flex Condo | 728 SF | 1980 | - |
| 12955 Woodforest Blvd, Houston, TX 77015 | Flex Condo | 728 SF | 1980 | - |
| 12955 Woodforest Blvd, Houston, TX 77015 | Flex Condo | 728 SF | 1980 | - |
| 12955 Woodforest Blvd, Houston, TX 77015 | Flex Condo | 654 SF | 1980 | - |
|
Woodforest Pines Condominiums
12905 Woodforest Blvd, Houston, TX 77015 |
Flex Condo | 752 SF | 1980 | - |
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woodforest 5 condos (12955 Woodforest bl
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