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1904 Mustang Rd, Alvin TX 77511

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Kevin Riles
RE/MAX Upscale Properties
Listing Source:
Houston Association of REALTORS Inc
Features & Amenities

WOW! 100% Occupied Property with Cash Flow Day 1. $5,435 per month in Gross Cashflow. That's a CAP RATE of 11.1%!(after adjustment for non recurring repairs in 2008) 11 units full occupied in Alvin. Property is right off of Hwy 35 and Hwy 6 in alvin. Not difficult to rent. See attached NOI and P&L. Great for investors. Seller says SALE! PLEASE NOTE: Tenants are unaware of sale. Please direct all calls to me. Showings are by appointment only

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