Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00. Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development. Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants. Additional SqFt upstairs. Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View. Property Highlights: • 4 income-producing units possible expansion of two more. • Gross income $7,500 monthly which includes utilities • Close to Prairie View A&M University • Easy access to Highway 290
Listing courtesy of Coldwell Banker Properties.