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Single family residence
Property Type
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Net Operating Income (NOI)
7 unit(s)
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CAP RATE
7
Leasable Doors
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Price per unit
This is a great opportunity for investors looking to add a multi-unit property to their portfolio. The offering includes 7 single-family homes, situated on a spacious lot in Normangee. While the homes are not identical, they each offer practical living space with 3 bedrooms, making them ideal for families or roommates.
They offer significant potential for rental income. The property provides a solid foundation for an investor looking to lease the homes and start generating cash flow.
The homes are spread out on the lot, providing some privacy between units, and there is ample outdoor space. Located in Normangee, tenants will enjoy easy access to local schools, shopping, and other essential services, making it a desirable area for renters.