Description

Property includes 7 fully leased income generating homes. Homes are well maintained with stable occupancy. Approximately $5600 monthly income. Approximately 6.87 acre corner lot at Fuqua and Furman. Located just 2 minutes off Hwy 288. 

Exit strategy opportunity could include replatting and selling each home separately. 

Excellent site for future development while generating income immediately. Ideal for Retail, Multi-Family, RV Park, Trailer Park, Mini-Storage, Warehouse, Hotel, Motel, Senior Care, Senior Living, Health Care, Construction Yard, Home Business, or Owner-User. 

Close proximity to the Houston Medical Center made this site ideal for an RV Park development. Seller' bid estimates for RV park improvements were averaging $50k. Estimated income per space was $500 per month. Site capacity estimated for 50 RVs. 

Currently on private well and septic system with 2 wells on site. 

Brand new residential community developed across the street by KB Homes, Beazer Homes, and other national home builder companies. Variety of commercial development and activity in the area underway. Large strip center with gas & grocery store at the next corner. Excellent development potential or buy and hold while collecting income. Potential to add additional homes for income. 

Previously leased to a food truck park on weekends. Location and site configuration allows plenty of potential uses and multiple streams of income. 

Corner lot at Fuqua and Furman. Minutes from Hwy 288.