2832 Bartell DrHouston, TX 77054

This exceptional investment opportunity presents a portfolio of thirteen condos totaling 9,059 square feet, situated in a prime Houston location at 2832 S Bartell Dr, Houston, TX 77054. Built in 1983, this Class C multifamily property boasts a strong 6.68% cap rate and a current Net Operating Income (NOI) of $56,631. The property features eleven buildings across three stories, with 100% occupancy and many long-term tenants. This value-add investment is ideally positioned near the Texas Medical Center, NRG Stadium, and Meyerland shopping, benefiting from the significant foot traffic and economic activity of these areas. The location offers easy access to Highway 610, providing convenient transportation throughout the city. The property's land value is $93.61 per square foot. The asking price for the entire portfolio is $848,000. Individual unit purchases may also be considered. This presents a unique chance to capitalize on the growth potential of Houston's thriving medical and entertainment sectors, within an opportunity zone. The property's proximity to the world's largest medical center and NRG Stadium, which attracts over 5.6 million visitors annually, ensures consistent rental income and long-term appreciation potential.