7.10% CAP
·
no data
Single family residence
Property Type
$33,159
Net Operating Income (NOI)
3 unit(s)
Total Units
7.10%
CAP RATE
3
Leasable Doors
No price data
Price per unit
This is a 3 Home Package Deal in the Royal Forest Subdivision in Conroe, Texas. All 3 homes are tenant occupied with great tenants that have been residing in the homes for quite a long time (2014, 2018, 2023). The rental rates are below current rates in the subdivision. The Cap Rate has figured in normal operating costs like property taxes, insurance, and HOA.
- 10695 Royal York Drive – 2 Bedroom / 1 Bath … 915 Sq Ft … Built in 2005 … $1,150 a month rent
- 12115 Royal Green – 3 Bedroom / 2 Bath … 1066 Sq Ft … Built in 2004 … $1,395 a month rent
- 12789 Royal Shores – 3 Bedroom / 2 Bath / 2 Car Garage … 1,110 Sq Ft … Built in 2006 … $1,450 a month rent
Please contact Hal Bazar for more information.
- Tenant Occupied
- Low HOA Dues
- Low Tax Rate
Video Tour
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