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  • Our properties
    • Houston
  • About us
    • Become a partner
  • Investor trip
    • Registration OPEN HOUSE in HOUSTON
    • OPEN HOUSE registration in FLORIDA
  • Our services
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+1 (248) 579-5289
Kalliste International

  • Our properties
    • Houston
  • About us
    • Become a partner
  • Investor trip
    • Registration OPEN HOUSE in HOUSTON
    • OPEN HOUSE registration in FLORIDA
  • Our services
    • VISA-E2
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+1 (248) 579-5289

Apartment Houston, Texas / 12,04%*

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Apartment Houston, Texas / 12,04%*
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Apartment Houston, Texas / 12,04%*

5353, Richmond Avenue, Uptown, Lamar Terrace, Houston, Condado de Harris, Texas, 77056, United States of America

Sold

$112,000

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Apartment Houston, Texas / 12,04%*

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Bedrooms
1
Bathrooms
1
Surface
68 m²

Description

THE DESCRIPTION
This beautiful apartment is located on a beautiful street in Larchmont, a single-family residential neighborhood located in Houston (Texas, USA). It is located between Richmond Avenue and Interstate 69/US. U.S. Route 59 (Southwest Highway).

The property has one bedroom, one full bathroom. The property has been recently renovated with new appliances, new flooring and new paint. Gated community with a beautiful swimming pool and gardens.
She is currently in the process of placing tenants whose rent would be $1 per month.

The house is managed by a large local Houston property management company.

LOCAL AREA

Larchmont originally built in the mid-1950s, in 2003 the existing single-story ranch-style homes have begun to be replaced by new construction 2-story homes. The neighborhood is bordered by Richmond Avenue, Chimney Rock, the Southwest Freeway and South Rice. Larchmont is in close proximity to major shopping and business centers such as The Galleria and Greenway Plaza, and is approximately 6 miles (9.7 km) from downtown Houston.
Since 1997, several streets that used to have through traffic have died at Chimney Rock.

“***The % indicated in the title of the ad is an estimate of the gross rental yield. Please note that administrative costs, notary fees, inspection costs, restoration costs before rental, as well as fees are not included in the price indicated in the advertisement. It is also important to note that estimated restoration costs can vary between $5 and $000 depending on the condition of the property. For a detailed view of all of these fees, please see the financial table in the description below.***»

Additional details

  • Administrative/notary/inspection fees: $8.000,00
  • Fees for preparation for rental: $5.000,00
  • Agent Fairies: $9.500,00
  • Annual net profit: $8.080,00
  • Rental yield: 6,01% Net
  • Management fees (10%): $1.620,00
  • Property taxes: $1.500,00
  • Monthly rent (estimated between $1.000 and $1.500): $1.350,00
  • HOA* (estimated between $180 and $300/month): $5.000,00

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