Listing Courtesy of: Herbert Anderson - US Realty Associates
936-336-0336
$200,000
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6503 Juarez Street Baytown, TX 77521
Multi-Family
Residence
3
Beds
2
Baths
Sq. Ft.
Property Activity
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Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. - Rents for $1,200 per month. - Unit 2 is a 2/1 with 700 sq ft. - Rents for $1,000 per month Tenant Occupied - Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method -- (...NOI) $20,000 annually -- 10% Capitalization Rate -- $200,000**��**Gross Rent Mulitplier (GRM) Method -- At a GRM of 8: Value = $26,400 x 8 = $211,200**
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MLS#
10213381
Property Type
Multi-Family
Bedrooms
3
Bathrooms
2 Full
Year Built
1994
Price per Sq. Ft.
$164.47
Stories
1.0
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