NY RICH INC. Real Estate Investments
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NY RICH INC. Real Estate Investments
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Real Estate Software
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NY RICH INC & ASSOCIATES: TEXAS & FLORIDA commercial real estate homes

HOUSTON TEXAS PROPERTIES

500 UNIT MULTI-FAMILY DEVELOPMENT OPPORTUNITY WITH P&Z & CITY COUNCIL APPROVALS. Price: $14 Million

GET IN ON THE GROUND FLOOR FOR THIS NEW HOUSING DEVELOPMENT.

MELISSA, TEXAS 


  •  Will subdivide into two 250 units. 
  •  All Utilities available on site. 
  •  Road development to site will be completed by developer. 
  •  Property has views of park and trails, with walking trails. 
  •  Restaurants and retail walkability Easy accessibility to Hwy 75
  •  Collin County Outer loop within 2 miles 3 minute driving distance to McKinne 


 PROPERTY REQUIREMENTS Property has views of park and trails, with walking trails. Restaurants and retail walkability Easy accessibility to Hwy 75 Collin County Outer loop within 2 miles 3 minute driving distance to McKinney Price: $14M Will subdivide into two 250 units. All Utilities available on site. Road development to site will be completed by developer. PARKING REQUIREMENTS: 1.5 SPACES PER 1 BEDROOM UNIT, 2 SPACES PER 2 BEDROOM UNIT, AND 2 SPACES PER 3 BEDROOM UNIT OR LARGER COVERED PARKING AND DETACHED GARAGES : PARKING UNDER BUILDINGS (1 STORY) WILL BE COUNTED TOWARD COVERED PARKING REQUIRMENTS MINIMUM UNIT SIZE: 700 SQFT FOR 1 BEDROOM; 900 SQFT FOR A 2 BEDROOM UNIT; 1,000 SQFT FOR A 3 BEDROOM UNIT MAXIMUM DENSITY: THE LESSER OF 27 UNITS/ACRE OR 500 UNITS MAXIMUM HEIGHT: 55 FT/ 4 STORIES (1 STORY ON THE BOTTOM FLOOR TO ALLOW FOR PARKING) LOT AREA PER UNIT: 1,600 SQFT PER UNIT ELEVATOR: REQUIRED MINIMUM OPEN SPACE: 20% + OFF-SITE 


CAN PROVIDE DOCUMENTS, 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 ***


***  WE HAVE 292, 400 AND THE 136 UNITS AVAILABLE!!!! ***


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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

Apartment Building

HOUSTON TEXAS PROPERTIES

79 UNIT EFFICIENCY RENTALS AROUND HOUSTON,TX *VALUE-ADD POTENTIAL *FOR SALE $4,350,000

24 DOORS  for  $1,200,000 

22 DOORS  for  $1,400,000 

25 DOORS  for  $1,250,000 

7 DOORS  for  $500,000

IT NEEDS  $10,000 - $15,000  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 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

Apartment Building

54 UNITS IN PAMPA,TX WITH LOW OCCUPANCY, VALUE ADD

FOR SALE $1,700,000

LAND SQ FT   17,990

BLDG SQ FT   34,257

1 BED/ 1 BATH   45

2/1--3/2    7--1

IT NEEDS  $10,000 - $15,000  IN REPAIRS


We have a 54 unit complex in PAMPA, TX  Which is Northeast of Amarillo. It currently has 25 vacancies.  Owner has in put $65,000+ in cap X upgrades including updating the flooring, converting two one bedroom units into the 3 bedroom.  There are still several value add projects that can be done for this project. 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

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WE HAVE THE 79 EFFICIENCY UNIT MOTELS AVAILABLE!!!!!


WE HAVE THE 22 ACRES IN MELISSA THE 25 ACRES IN PORT ARTHUR


AND 10 ACRES IN RICHMOND TO BUILD APARTMENTS!!


WE HAVE 292, 400 AND THE 136 UNITS AVAILABLE!!!!


CAN PROVIDE PHOTOS

29 ACRES IN SHERMAN FOR A BUILD TO RENT COMMUNITY

FOR SALE $6,500,000

LAND SQ FT  1,263,240 


 29 ACRES IN SHERMAN FOR A BUILD TO RENT COMMUNITY. LOTS OF GROWTH COMING TO THE AREA WITH NEW CHIP FACTORIES AND JOBS  Have the site plan, environmental, traffic study and survey. This site can hold 320-350 units. The site has utilities across the street, the sewer will need to be run and the city will help with that expense. Sherman is going to be home to the Texas Instruments new chip factory as well as Globitech. Apple and Intel are also planning expansion projexcts in Sherman.  POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS. 

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WE HAVE THE 79 EFFICIENCY UNIT MOTELS AVAILABLE!!!!!


WE HAVE THE 22 ACRES IN MELISSA THE 25 ACRES IN PORT ARTHUR


AND 10 ACRES IN RICHMOND TO BUILD APARTMENTS!!


WE HAVE 292, 400 AND THE 136 UNITS AVAILABLE!!!!


CAN PROVIDE PHOTOS

29 ACRES IN SHERMAN FOR A BUILD TO RENT COMMUNITY

FOR SALE $6,500,000

LAND SQ FT  1,263,240 


 29 ACRES IN SHERMAN FOR A BUILD TO RENT COMMUNITY. LOTS OF GROWTH COMING TO THE AREA WITH NEW CHIP FACTORIES AND JOBS  Have the site plan, environmental, traffic study and survey. This site can hold 320-350 units. The site has utilities across the street, the sewer will need to be run and the city will help with that expense. Sherman is going to be home to the Texas Instruments new chip factory as well as Globitech. Apple and Intel are also planning expansion projexcts in Sherman.  POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS. 

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WE HAVE THE 79 EFFICIENCY UNIT MOTELS AVAILABLE!!!!!


WE HAVE THE 22 ACRES IN MELISSA THE 25 ACRES IN PORT ARTHUR


AND 10 ACRES IN RICHMOND TO BUILD APARTMENTS!!


WE HAVE 292, 400 AND THE 136 UNITS AVAILABLE!!!!


CAN PROVIDE PHOTOS

11 UNITS ALREADY REHABBED AND FULLY OCCUPIED EAST OF DOWNTOW

FOR SALE $775,000

 

1 BEDS - 2

STUDIOS - 4

2 BEDS - 4

3 BEDS - 1

IT NEEDS  $2-$4,000 IN REHAB

 

We have an 11 unit property east of downtown Houston for sale. The property has been rehabbed and needs minor touch ups. The property is fully occupied, performing at a 12.7% cap at the asking price. There are 5- 2 beds, 1- 3 bed, 2- 1 beds and 4 studios. This is a high rent area and the tenants are MTM. A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS.

$7,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP

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WE HAVE THE 79 EFFICIENCY UNIT MOTELS AVAILABLE!!!!!


WE HAVE THE 22 ACRES IN MELISSA THE 25 ACRES IN PORT ARTHUR


AND 10 ACRES IN RICHMOND TO BUILD APARTMENTS!!


WE HAVE 292, 400 AND THE 136 UNITS AVAILABLE!!!!


CAN PROVIDE PHOTOS AND FINANCIALS

25 ACRES FO COMMERCIAL OR MULTI-FAMILY IN PORT ARTHUR!

FOR SALE $2,900,000

LAND SQ FT  1,263,240 


 25 ACRES FOR RESIDENTIAL OR MULTI-FAMILY IN PORT ARTHUR NEXT TO A NEW CLASS A RV PARK!! 

 

FOR SALE  $2,900,000 

LAND: 25 ACRES

BUILD: 240 APARTMENTS

BUILD: HOUSES OR STORAGE

BUILD: CLUB HOUSE 

IT NEEDS DEPENDS ON STRATEGY IN REPAIRS


We have a 25 acre tract in Port Arthur for sale. The land is NOT entitled or permitted at this time. This will have an A class RV park next to it with 265 spaces and plenty of amenities. The owners of the park will assist anyone with the drainage as they will have a large pond in the park. You can build houses, storage, commercial or a large apartment complex. The site can hold up to 240 units with a clubhouse and office. The front part of the site can have commercial space as well with a gas station or fast food restaurant. The dropbox has a site plan for the RV park, but shows the vacant land next to it. The area is close to several refineries and the demand for housing is high. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


https://www.dropbox.com/scl/fo/6zsulqxkd1kpsyvbwdvdt/h?dl=0&rlkey=s90icagn4sflidzb2swuo0xhj


WE HAVE 136 UNITS FULLY REHABBED


WE HAVE THE 292 UNITS FOR $24 MILLION


WE HAVE THE 400 UNITS AVAILABLE


WE HAVE THE 9.5 ACRES IN RICHMOND FOR APARTMENTS


WE HAVE THE 80 ACRES IN MELISSA FOR HOUSES AND APARTMENTS

34 UNITS EAST OF DOWNTOWN HOUSTON,TX VALUE-AD ASSUMABLE NOTE

FOR SALE $2,000,000

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. The assumable note is for 2.5 more years @ 4.4% interest and the balance is $1.4M. The monthly payment is $8,048. 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. DO YOUR OWN DUE DILIGENCE.

$10,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


* Click Link Below to View Photos & Financials

https://www.dropbox.com/scl/fo/sr8mjqpob76it1wwquijx/h?dl=0&rlkey=us90vu44l5qcpmqgoccq1ssqt


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WE HAVE 5 UNITS IN THE HEIGHTS FOR $865,000!!

WE HAVE 22,28 AND 7 UNITS AVAILABLE!!!!

THE LARGE STRIP CENTER IS AVAILABLE!!!!***********

______________________________________________


** 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!!!!***********


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 ***  11 ACRES UNRESTICTED IN HUMBLE FOR AN RV OR MOBILE HOME PARK AND STORAGE  ***


FOR SALE $825,000 


LAND SQ FT  479,160 


We have 11 acres unrestricted in Humble for either an RV or Mobile home park or Storage Business. There is a small house and shop on the property that need to be torn down. There are city utilities as well.  POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS

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*** 12,333 SQUARE FOOT LOT JUST NORTH OF THE HEIGHTS OFF I45 TO BUILD 4-5 TOWNHOMES ***


FOR SALE  $370,000


LAND SQ FT  12,333

BLDG SQ FT  2,816


We have a 12,333 square foot lot in Houston on Enid Street for sale.  You can build 4-5 townhomes on this site and it currently has a small 4 plex there that has to be removed. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS.



Punta Gorda, Florida New Construction Deal

Investor Price: $159,900 *

        3 bed 2 bath 1530 sq ft Built in 2023 Single Family     

  •  After Repair Value $375,000
  • Investor Price $159,900
  • Closing Costs to Buy $4,500
  • Rehab Projection $125,000
  • Utilities $500
  • Closing Costs to Sell $16,875
  • $68,225 Projected Income
  • 22.24% Estimated ROI 


Property Details

 

 Looking for an opportunity to build down South? Well here is your chance! This is a new-construction home, in an up-and-coming subdivision in Punta Gorda. The great thing about this deal is the fact that the framework and the interior lumber is done, and the roof trusses are in place. With the plans and permits being transferred to the new owner, this job will be a walk in the park, with outlines and sketches of the finished product in place. New construction homes in this subdivision are selling in the $350,000-400,000 range! With a builder in place and a projected completion date set, this investment is waiting for you to take it on. For more information, contact for more information.*


Photo Gallery Below

Punta Gorda, Florida Photo Gallery

Hudson Block Flip Under $138K

Investor Price: $137,500 *

         2 bed 1 bath 1094 sq ft Built in 1968 Single Family  

  •  After Repair Value $235,000
  • Investor Price $137,500
  • Closing Costs to Buy $4,000
  • Rehab Projection $49,000
  • Utilities $500
  • Closing Costs to Sell $10,575
  • $33,425  Projected Income
  •  16.58 % Estimated ROI 


Property Details


 We are excited to share with you a lucrative investment opportunity we recently acquired in Hudson, conveniently located near the beach. This property is a two-bedroom, one-bathroom, block home with a garage home primed for a cosmetic flip. By this, we mean a full kitchen and bathroom update, brand-new vinyl flooring throughout, and a fresh coat of paint. The roof is older and in need of updating. The home does need a central A/C unit, which has been factored into the budget. With some well-planned renovations, this property has the potential to yield substantial returns. We believe this investment has great potential for short-term profit and long-term appreciation. 

Hudson Block Flip Photo Gallery

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    NY RICH INC.

    82 Nassau Street, Suite # 61276, New York, New York 10038

    646-281-8619 contact@nyrichinvestments.com

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