11111 Wiggins St #12 #12, Houston, TX, 77029
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Property Details
1
1
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 1 • Bathrooms: 1 • Square Feet: 4320 • Lot/Size: 10,585 sqft lot
Description: This 12-unit apartment complex in Jacinto City offers a strong investment opportunity with immediate cash flow and upside potential. Currently 90%+ occupied, the property benefits from a stable tenant base, including many long-term residents. At current rental rates, the asset is delivering a 13%+ CAP rate, making it attractive for yield-focused investors. Recent capital improvements include new electrical panels installed in all units in 2023, reducing near-term maintenance concerns. The property presents additional upside through rental increases, particularly with potential conversion to Section 8 housing. Tenants enjoy convenient access to public transportation, grocery stores, and near
Location
Address
11111 Wiggins St #12 #12, Houston, TX, 77029
City
Houston
Features and Finishes
Year Built: 1962; [object Object]; [object Object]
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