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THIS 10-UNIT PROPERTY WITH TWO BUILDINGS = 4,432 SF; BUILT IN 1940; 8 - 1 BED, 1 BATH UNITS, 2 STUDIO UNITS; Prime Location: This multi-family property is located in Houston's revitalized 3rd Ward community, just 5 minutes from downtown Houston. Enjoy quick access to the city's top attractions, major universities, and world-renowned medical centers.
Each apartment features a Bedroom, Kitchen, Bathroom, and Living Room.
Income-generating: Currently monetized through Airbnb, with strong potential for increased rental income. 100% occupied! High ROI Potential: Ideal Add Value Opportunity for investors seeking rental income in a rapidly growing area of Houston. Whether your looking to add to your portfolio or build up from the already to structure to Flip it, the potential is great.
ALL OFFERS WILL BE CONSIDERED AS THEY COME IN!
Property sold in "as is" condition. Seller must approve all terms.
All available information regarding a given commercial property is conveniently located on the property details page and in the documents section of the page. From time to time, new information or documents may become available during the auction period. If that happens, we will promptly update the property details page or add the documents to the documents section. For the most up-to-date property information, we recommend you check the property details page regularly as the auction progresses.
Yes! During the auction process, you might hear from the listing broker or one of the commercial real estate experts we collaborate with. They will reach out to provide more information about the property itself or to guide you through the auction process. Keep an eye out for any communication that can help you make informed decisions.
Before the auction kicks off, there is usually a marketing period lasting anywhere from 15 to 45 days. This window allows all interested buyers ample time to gather information and perform their due diligence. Use this period wisely to analyze the property, review available documentation, and get answers to any questions before the auction begins.
We want you to feel confident throughout the process. If you have any questions that are not addressed on the property details page, do not hesitate to contact the listing agent or representative noted on the page. They are here to assist you and clarify any aspects of the property or bidding process to make sure you are well informed.
It is crucial that all bidders take the time to conduct their own due diligence before placing a bid or offer on Hubzu. Once the auction concludes and the seller selects a bid, the selected bidder will be expected to proceed with the closing process. We encourage all bidders to feel fully prepared before submitting an offer.
If you are the selected bidder at the end of the auction?congratulations! A representative will reach out to you to guide you through the next steps in the process, making sure you are clear on what happens next and how to finalize the transaction. Keep an eye on your inbox or phone!
Yes, before placing a bid, you will need to provide proof of funds. This is an important step to show that you have the financial means to follow through with the transaction if your bid is selected. The process is straightforward, and you can upload your proof of funds directly through the Hubzu platform. Be sure to have this ready before placing your bid to avoid any delays in the process!
