7930 Ritz Street
- - 4,447 SF building
- - 16 units
- - Built in 1975
- - Prime Houston location
- - Spacious floor plans
- - Ample parking
- - Professional management
- - Proximity to amenities
- - Desirable investment opportunity
- - Potential for value-add improvements
Property Description
Welcome to 7930 Ritz Street #16, Houston, TX 77028—a prime investment opportunity in the heart of Houston. This 4,447 square foot property, situated on a 14,760 square foot lot, features 16 units, offering significant income potential. Built in 1975, this multifamily/motel property includes a community laundry facility and office space, with the option to convert these areas into additional units to maximize revenue. Don't miss out on this exceptional investment opportunity to expand your real estate portfolio with a property that offers both stability and growth potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $485,000 |
| No. of Units: | 16 |
| Year Built: | 1975 |
| Lot Size: | 0.34 Acres |
| Opportunity Zone: | No |
| Price per unit: | $30,313 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout