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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
    • VISA-E2
    • Funding in the USA
    • The procedure
    • Company creation (LLC)
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    • Taxation
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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
    • Funding in the USA
    • The procedure
    • Company creation (LLC)
    • Rental management
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+1 (248) 579-5289

Apartment Houston, Texas / 9,92%*

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Apartment Houston, Texas / 9,92%*
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  • Houston, Texas

Apartment Houston, Texas / 9,92%*

9707, Richmond Avenue #97, Houston, Condado de Harris, Texas, 77042, United States of America

Available

$107,500

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Apartment Houston, Texas / 9,92%*

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Bedrooms
1
Bathrooms
1
Surface
81 m²

Description

THE DESCRIPTION

This beautiful apartment is located on a beautiful street in the Westchase neighborhood, a business district and neighborhood in west Houston, Texas. Much of Westchase is covered by a special district, the Westchase Management District, created by the Texas Legislature in 1995.

The property includes one bedroom and 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.

He is currently placing tenants in the place with a rent of $1.100 per month.

The home is under the management of a large local Houston property management company.

LOCAL AREA

Westchase is a business district and neighborhood in west Houston, Texas, bounded by Westheimer Road to the north, Gessner Road to the east, Houston Center Boulevard to the west, and Westpark Tollway to the south. The area is divided by Beltway 8. Westchase is adjacent to Greater Sharpstown, the International District (which includes part of Chinatown), and the Royal Oaks Country Club subdivision. The area is immediately northeast of Alief.  

“***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: $8.000,00
  • Fees agent: $9.500,00
  • Annual net profit: $8.230,00
  • Rental yield: 6,19% Net
  • Management fees (10%): $1.320,00
  • Property taxes: $1.150,00
  • Monthly rent (estimated between $1.250 and $1.500): $1.100,00
  • HOA* (estimated between $180 and $300/month): $2.500,00

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