8814 Manus Street #1-11, Houston, Texas 77093
$1,038,000
0 Beds
0 Full Baths
Multi-Family
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About 8814 Manus Street #1-11
BEST MULTIFAMILY DEAL consist of 5 units of 1bed/1bath and 6 Units of 2beds/1bath. Priced at 1% rental rule on existing rents (not projected!) See attached Offering Memorandum (OM). Great income-producing 11-unit multifamily Deal. New Roof, New HVAC, updated interior. Upside includes: Pet fees, rent increase, laundromat onsite, and implementing RUBS on water since there is no separate water meter. Unit #5 is vacant and available for showings with Proof of Funds. Unit 5 is representative of the overall condition of other units. All tenants are on annual leases, with the average tenant in place for several years and intending to remain with new ownership.
Details on the MLS attachment. Monthly operating expenses for all eleven units include Approx. monthly expenses: $780 water, $490 trash, $200 landscaping, $100 pest control, $1,148 insurance. No HOA, no short-term rental restriction, and no deed restriction. Low-ball offers will not receive a response. No creative deal or “Subject To”.
Highlights
8814 Manus Street #1-11
$1,038,000
Multi-Family
7,589 Home Sq Ft
Houston 77093
14,000 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
075-241-002-0003
Tax Rate
2.0924%
Taxes w/o Exemption/Yr
$6,653 / 2024
Maint Fee
No
Interior Features
Fireplace
No
Floors
Hardwood, Laminate, Tile
Heating
Electric, Natural Gas
Cooling
Ceiling Fan(s), Electric
Appliances
Dishwasher, Microwave, Range, Refrigerator
Dishwasher
Yes
Range
Yes
Disposal
No
Microwave
Yes
Energy Feature
Insulation
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Brick, Vinyl Siding, Wood Siding
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
LPT Realty, LLC
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Berry Elem (Houston) | Elementary | 8 of 10 |
| Patrick Henry Middle | Middle | 5 of 10 |
| Kashmere High | High | 4 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
