9134 Pembrook Street
About this property
Rare $1.1M value-add portfolio in Houston's rapid-growth 77016 market featuring three modern 4-story residences with private rooftop terraces, 3 bedrooms, and 3.5 bathrooms per unit. The standalone home sits at 90%+ completion, while the adjoining duplex is primed for finishing. All remaining materials needed to complete the project are included in the sale-leaving the buyer primarily responsible for labor-with experienced project contractors available for a seamless transition. Projected completed values are ~$550K for the standalone and ~$500K per duplex unit, totaling ~$1.55M in combined potential completed value. Located within one of the nation's fastest-growing major metropolitan areas, this portfolio offers a compelling combination of built-in equity potential, limited remaining construction exposure, and long-term Houston housing demand. Offered as-is in a single transaction. Buyer to independently verify projected values, labor costs, and market conditions.
About this property
Rare $1.1M value-add portfolio in Houston's rapid-growth 77016 market featuring three modern 4-story residences with private rooftop terraces, 3 bedrooms, and 3.5 bathrooms per unit. The standalone home sits at 90%+ completion, while the adjoining duplex is primed for finishing. All remaining materials needed to complete the project are included in the sale-leaving the buyer primarily responsible for labor-with experienced project contractors available for a seamless transition. Projected completed values are ~$550K for the standalone and ~$500K per duplex unit, totaling ~$1.55M in combined potential completed value. Located within one of the nation's fastest-growing major metropolitan areas, this portfolio offers a compelling combination of built-in equity potential, limited remaining construction exposure, and long-term Houston housing demand. Offered as-is in a single transaction. Buyer to independently verify projected values, labor costs, and market conditions.
Features and Additional Information
Presented By Coldwell Banker Commercial Gateway
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Brokerage: Keller Williams Signature