NY RICH INC & ASSOCIATES REAL ESTATE TEXAS & FLORIDA
HOUSTON TEXAS PROPERTIES
79 UNIT EFFICIENCY RENTALS AROUND HOUSTON,TX *VALUE-ADD POTENTIAL *FOR SALE $4,500,000
24 DOORS for $1,250,000
22 DOORS for $1,450,000
25 DOORS for $1,300,000
7 DOORS for $500,000D
IT NEEDS $20,000 - $25,000 IN REPAIRS PER PROPERTY
We have a 79 total efficiency units in Houston, Tx . The units are 98% Occupied Weekly Rental Units 9.38% cap rate based on actuals. 11.5% Cap Rate if Owner Occupied and Managed! These can be purchased separately or all together. These units have been rehabbed and are ideal for an owner/operator. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS
$10-20,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP
CAN PROVIDE PHOTOS & FINANCIALS
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*** WE HAVE A 300 UNIT PORTFOLIO IN HOUSTON ALL WITHIN WALKING DISTANCE OF EACH OTHER FOR $24 MILLION! ASK ME FOR DETAILS ***
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WE HAVE 5 UNITS IN THE HEIGHTS WITH LOW RENTS FOR $865,000!!!
WE HAVE 11 UNITS IN CHANNELVIEW COMING UP THIS WEEK THAT ARE REHABBED AND VACANT!!!!
WE HAVE THE 22 ACRES IN MELISSA,TX AVAILABLE!!
THE 280 UNIT COMPLEX BUILD IS STILL AVAILABLE IN RICHMOND
WE HAVE THE 20,34 AND THE 2, 7 UNITS AVAILABLE!!!!
THE MOTELS ARE AVAIALBLE!!!!!
THE LARGE STRIP CENTER IS AVAILABLE!!!!***********
CAN PROVIDE PHOTOS & FINANCIALS
54 UNITS IN PAMPA,TX WITH LOW OCCUPANCY, VALUE ADD
FOR SALE $2,250,000
LAND SQ FT 17,990
BLDG SQ FT 34,257
1 BED/ 1 BATH 46
2/1--3/2 7--1
IT NEEDS $25,000 - $35,000 IN REPAIRS
We have a 54 unit complex in PAMPA, TX Which is Northeast of Amarillo. It currently has 13 vacancies and needs some TLC. The flooring has been done in a majority of the units and they have flooring to complete most, if not all the remaining units. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS.
BELOW IS A SLIDESHOW OF THE PROPERTY
https://www.asteroom.com/pviewer?hideleadgen=1&token=kFPZCAlz1EqPd6WVi8sHHQ
$20,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP
WE HAVE 11 VACANT/REHABBED UNITS IN CHANNELVIEW COMING OUT THIS WEEK!!
WE HAVE 5 UNITS IN THE HEIGHTS FOR $865,000!!
WE HAVE 22,28 AND 7 UNITS AVAILABLE!!!!
THE LARGE STRIP CENTER IS AVAILABLE!!!!***********
CAN PROVIDE PHOTOS
34 UNITS EAST OF DOWNTOWN HOUSTON,TX VALUE-AD ASSUMABLE NOTE
FOR SALE $2,100,000
LAND SQ FT 50,760
BLDG SQ FT 11,916
EFFICIENCY 30
1 BED/ 1 BATH 4
IT NEEDS $20,000-25,000 IN REPAIRS
We have a 34 unit complex east of downtown Houston outside loop 610. There are 34 efficiency units and 4, 1 bed 1 bathroom units. All units have granite countertops, renovated bathrooms with new tubs. They also have new flooring and paint. Roofs are in good shape. There is room to raise rents. The owner has put a lot of money into this complex and there is still plenty of VALUE ADD to do. Rents can be raised and some cosmetic work can be done. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS
$20,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP
WE HAVE 11 VACANT/REHABBED UNITS IN CHANNELVIEW COMING OUT THIS WEEK!!
WE HAVE 5 UNITS IN THE HEIGHTS FOR $865,000!!
WE HAVE 22,28 AND 7 UNITS AVAILABLE!!!!
THE LARGE STRIP CENTER IS AVAILABLE!!!!***********
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** 4 UNITS CLOSE TO TSU WITH 2 LARGE UNITS REHABBED AND NEEDING **
** FOR SALE $625,000
BLDG SQ FT 4,928
LAND SQ FT 6,300
2) 2 BEDS 2 BATHS UNITS
2) 1 BED 1 BATH
IT NEEDS $3-$5,000 IN REHAB
We have a 4 units near TSU in 77004 for sale. There were originally 6 units, 4 units in the front and 2 in the back, but the owner turned the 4 units into 2 large 2 bed 2 bath units. These units have been rehabbed and only need carpet in the bedrooms in order to rent them out. The tenants in the 2 units in the back are MTM with low rents and those units need to be rehabbed. Rents range from $1,750-$1,850 a month for the 2 large units. Proforma cap rate is 7.73 when full and rents raised. A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS.
$7,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP
7 UNITS EAST OF DOWNTOWN HOUSTON,TX VALUE-ADD POTENTIAL
FOR SALE $450,000
LAND: 5,000 SQ FT
BLDG: 2,004 SQ FT
5) 2 BED/1 BATH
2) 1BED/1 BATH
IT NEEDS $15,000-$20,000 IN REPAIRS
We have a 7 unit complex east of Downtown Houston for sale. There are 5 2 bed/1 bath units and 2, 1 bed 1 bath units. The units are rehabbed an need cosmetic work done. There is room to raise rents. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS
$6,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP
Can Provide Photos and Fincianls Avaible
WE HAVE THE 20, 28 AND MOTELS AVAILABLE. WE HAVE THE 2 LAND DEALS AS WELL!!!!!***********
THE LARGE STRIP CENTER IS AVAILABLE!!!!***********
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*** SINGLE FAMILY FIX AND FLIP LAMARQUE, TEXAS ***
FOR SALE $95,000
LAND SQ FT 7,000
BLDG SQ FT 1,504
BEDS 3
BATHS 2
IT NEEDS $45-$55,000 IN REHAB
WE HAVE A NICE 3/2, 1,504 SQUARE FEET HOUSE IN LAMARQUE FOR SALE. THE HOUSE NEEDS A FULL RENOVATION AND WE HAVE ESTIMATED $45-$50,000 IN REPAIRS. IT WILL NEED PAINT, FLOORING, CARPET, TILE, KITCHEN & BATHROOM REMODELS ARV PTS THE RESALE BETWEEN $195,000 - $200,000
POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS. NO OWNER FINANGING OR SUBTO ON THIS DEAL.
$5,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP
WE HAVE THE 80 ACRES HUFFMAN AVAILABLE!!
THE 280 UNIT COMPLEX BUILD IS STILL AVAILABLE IN RICHMOND
WE HAVE THE 20 UNITS IN PASADENA AVAILABLE!!!!
WE HAVE THE 34 UNITS IN EAST HOUSTON AVAILABLE!!!
THE LARGE STRIP CENTER IS AVAILABLE!!!!***********
Davenport, Florida Short Term Opportunity
Investor Price: $280,500 *
3 bed 3 bath 1492 sq ft Built in 2005 Condominium
- After Repair Value $350,000
- Closing Costs to Buy $4,500
- Rehab Projection $10,400
- Utilities $250
- Closing Costs to Sell $15,750
- $38,600 Projected Income
- 12.40% Estimated ROI
Here's a fantastic opportunity to own a three-bedroom and three-bathroom buy-and-hold property in the highly desirable Davenport area, just minutes away from major attractions. This resort-style community is perfect for both short and long-term rental options. With short-term rental rates ranging from $150 per night during the low season to $219+ per night during the peak season, this option has the potential to double your income with a sixty-five percent occupancy rate. Long-term rental rates also remain strong, ranging between $1,300 - $1,500 per month.
Spring Hill, Florida Flip with Huge Returns
Investor Price: $449,900 *
4 bed 3.5 bath 3736 sq ft Built in 1983 Single Family
- After Repair Value $679,900
- Investor Price $449,900
- Closing Costs to Buy $4,000
- Rehab Projection $84,300
- Utilities $500
- Closing Costs to Sell $30,595
- $110,605 Projected Income
- 19.43% Estimated ROI
Property Details
Opportunity is knocking! This single-family home boasts over 3,700 square feet, four bedrooms, three-and-a-half bathrooms, and a double car garage. Additional features include a screened-in swimming pool and a large lot consisting of 1.2 acres. There is marble flooring throughout the common areas of the property and the rooms are well proportioned.
Although this property has been well cared for over the years, it does need a full cosmetic rehab to bring it to its full potential! This includes taking down the out-dated wallpaper, fixtures, and carpet as well as updating the kitchen, bathrooms, fixtures, flooring and finishes. The roof is near the end of its lifespan and will also need to be replaced. There are two air conditioner systems which are in good working order.
The comparable properties sold anywhere from $615,000-680,000, with all of these deals being smaller, and very outdated. This presents a huge opportunity to provide updated, beautiful home in a great neighborhood. This property would also make a great short-term rental. According to Air DNA, This property will rent for $438 per night, with 76% occupancy, grossing over $120,000 in a year! Properties with these features tend to move quickly!
Downtown Deland, Florida Duplex Flip
Investor Price: $249,900 *
5 bed 3 bath 1302 sq ft Built in 1950 Multi-family
- Rental Income $3,050 mo. / $36,600 yr.
- Investor Price $265,000
- Closing Costs to Buy $6,000
- Rehab Projection $14,000
- Utilities $1,000
- Property Insurance $2,000 / yr.
- Estimated Taxes $1,150 / yr.
- Property Management $3,420 / yr.
- Maintenance $1,000 / yr.
- HOA Dues $0 / yr.
- $29,030 Projected Incom
- 10.15% Estimated APY
Located close to Downtown Deland, this property could be your next income-producing opportunity. These two renovated units consist of the main house with three bedrooms and two bathrooms and a detached two-bedroom, one-bathroom guest house. New roofs were installed on both units in 2022. We expect the combined units to generate a total rental income of around $2,850 per month. The main house is already rented for $1850 and the back house can be rented out for around $1200 a month.
Walking distance to Downtown Deland, easy access to I-4, and close to all the dining and shopping should make this an easy addition to any investor's portfolio. Properties at this price and in this area tend to move quickly
Contact Us Concerning the Properties
Better yet, see us in person if you want to sell 1 to 4 Family Houses or Multi-Units Buildings
If you are looking to sell 1 to 4 Family or Multi Family. Fixer-uppers.
If you are in the New York City, Long Island area, Winston Salem, North Carolina, Miami, Orlando, Tampa, Jacksonville, Florida and Houston, Texas areas. In State and Nationwide, we network with investors Nationwide.
Please feel free to contact us
NY RICH INC.
82 Nassau Street, Suite # 61276, New York, New York 10038
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