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313 N Nagle St 7 Unit Apartment Building Offered at $3,150,080 Houston, TX 77003

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Investment Highlights

close to new entertainment district
walk to golf

bike to downtown

Executive Summary

This is sale of 7 of 10 townhomes in the EADO area or eastside of downtown. All homes are vacant. These are single family three story non attached townhomes that have an HOA. Owner wants to sell remaining units as a bulk sale and cash-out. One of the units, 321, has a rooftop Deck and can be sold at 550K. There are three floor plans with one floor plan having a small balcony another floor plan having a larger balcony and the remaining units have a larger living area and no balcony. All three floor plans are on the market and can be viewed which is 313 319 and 329 n Nagle st. 77003

Flyer

Site Plan

Financial Summary (Pro Forma - 2026)	Annual	Annual Per SF
Gross Rental Income	$268,800	$16.80
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$268,800	$16.80
Taxes	$94,500	$5.91
Operating Expenses	$1,500	$0.09
Total Expenses	$96,000	$6.00
Net Operating Income	$172,800	$10.80

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual	$268,800
Annual Per SF	$16.80

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$268,800
Annual Per SF	$16.80

Taxes
Annual	$94,500
Annual Per SF	$5.91

Operating Expenses
Annual	$1,500
Annual Per SF	$0.09

Total Expenses
Annual	$96,000
Annual Per SF	$6.00

Net Operating Income
Annual	$172,800
Annual Per SF	$10.80

Property Facts

Price	$3,150,080	Building Size	16,000 SF
Price Per Unit	$450,011	No. Stories	3
Sale Type	Investment	Year Built	2026
No. Units	7	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily

Price	$3,150,080
Price Per Unit	$450,011
Sale Type	Investment
No. Units	7
Property Type	Multifamily
Building Size	16,000 SF
No. Stories	3
Year Built	2026
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.