For Sale
$1,299,999
8716 Clb House Dr Willis, TX 77378
Five renovated single-family rentals, 100% occupancy.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Five single-family homes on 2.25 acres in Willis, TX.
- 5,500 total sq ft, each home on a half-acre lot.
- Recently renovated (2021-2022) with new kitchens, flooring, paint, windows, and appliances.
- 100% occupancy with long-term tenants, generating $92,000 NOI (7.08% cap rate).
- Pro forma NOI of $140,000 (10.77% cap rate) and asking price of $1,299,999 ($260,000 per unit).
Property Details for 8716 Clb House Dr
- Property type
- Residential income homes
- Square Feet
- 5,500 SF
- Year Built/Renovated
- 1981/2021
- Buildings
- 5
- Stories
- 1
- Units
- 5
Location Insight
- City
- Willis
- County
- Montgomery
- State
- Texas
- Latitude
- 30.416611953476
- Longitude
- -95.442855153398
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - Five renovated single-family rentals, 100% occupancy.
- Where is the residential income home located?
- The property is located at 8716 Clb House Dr Willis, TX.
- What is the asking price?
- The asking price for this property is $1,299,999.
- What are key features of this property?
- This property features: Five single-family homes on 2.25 acres in Willis, TX.; 5,500 total sq ft, each home on a half-acre lot.; Recently renovated (2021-2022) with new kitchens, flooring, paint, windows, and appliances.
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