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NY RICH INC. Real Estate Investments
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Texas Commerical Muliti-Family and Residential Properties

Our Expertise

  NY RICH INC and  Associates we have experience in the real estate industry. Our team of experts has the knowledge and skills to help you achieve your real estate goals, whether you are buying, selling or investing. commercial mulit-family or residential properties 

* My Texas Associate can help if you need Financing For Texas Properties

 We greatly appreciate you considering our properties for investment. Your feedback is always appreciated and please share the opportunity with anyone that you think may be interested in the deals we send out. If you have any questions or concerns, feel free to reach out and connect with me at any time. Thank again for doing business with us. 

38 UNITS IN SOUTHEAST HOUSTON, TEXAS

FOR SALE $2,660,000

 

LAND SQ FT 27,176

BLDG SQ FT 24,980

2 BED/1 BATH - 3 UNITS

1 BED/1BATH - 35 UNITS


IT NEEDS $50,000 IN REPAIRS


We have an 38 unit complex in Southeast Houston. The complex is all bills paid and has some vacant units. Value add would be implementing a RUBS system and fill the vacant units. There are 4 other complexes within 5 minutes of this that the same seller owns. 


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS 


$10,000 DEPOSIT LOCKS THIS DEAL UP 


 PHOTOS AND FINANCIALS BELOW 


https://www.dropbox.com/scl/fo/6ny09udehnqlgv6q21ndu/AMiS4bS9lDFoVEPvTKdpBq4?rlkey=blc7wdtaig3czm8teejk5rs28&st=acdruhrv&dl=0 


DEALS AVAILABLE BELOW:

8 UNITS

34 UNITS

24 UNITS

22 UNITS

292 UNITS


**** WE CAN HELP IF YOU NEED FINANCING *****

8 UNITS GATED EAST OF DOWNTOWN HOUSTON,TX USED AS AIR BNB

FOR SALE $1,500,000

LAND SQ FT 43,560

BLDG SQ FT 8,352

3 BED/2 BATHS - 8 UNITS

* * ALL REHABBED NO REPAIRS **


We have an 8 unit complex east of downtown Houston being used as an Air BNB for local contract workers, fully furnished. This is a gated property. The units have washer and dryers and the roofs are in good shape. There is a concrete pad on the property that can hold 4-6 units depending on how many you want to build. They are collecting roughly $3,300 per month on each unit. The seller pays all utilities, taxes, trash, cable and landscaping. Their net is roughly $258,672 per year.


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS 


PHOTOS AND FINANCIALS BELOW


https://www.dropbox.com/scl/fo/l994fbatxcdil61komnnk/AAVcgJJZTKGakeJU1HnW07c?rlkey=jxz9t9gg5g9j917ym1y5zuvs6&st=zcreh8b2&dl=0


**** WE CAN HELP IF YOU NEED FINANCING *****

84 UNITS IN SOUTHEAST HOUSTON,TX VALE ADD

FOR SALE $5,880,000

LAND SQ FT 88,039

BLDG SQ FT 60,512

2 BED/1 BATH - 25 UNITS

1 BED/1BATH - 59 UNITS


IT NEEDS  $50,000  REPAIRS


We have an 84 unit complex in Southeast Houston. The complex is all bills paid and has some vacant units. Value add would be implementing a RUBS system and fill the vacant units. There are 4 other complexes within 5 minutes of this that the same seller owns. 


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


$10,000 DEPOSIT LOCKS THIS DEAL UP


PHOTOS AND FINANCIALS BELOW


https://www.dropbox.com/scl/fo/5xadmnzptwepyjbea8h7q/ACKGysrqK5cr8uFo9GV2nos?rlkey=lgami06p8jcl402en8gymuv91&st=mzbeus6p&dl=0


DEALS AVAILABLE BELOW:

8 UNITS

34 UNITS

24 UNITS

22 UNITS

292 UNITS


**** WE CAN HELP IF YOU NEED FINANCING *****

76 UNITS IN SOUTHEAST HOUSTON VALUE ADD!!

FOR SALE $5,320,000

LAND SQ FT 96,853

BLDG SQ FT 61,348

2/1- 3/2 BATH - 30 UNITS - 2 UNITS

1 BED/1BATH - 44 UNITS


We have an 76 unit complex in Southeast Houston. The complex is all bills paid and has some vacant units. Value add would be implementing a RUBS system and fill the vacant units. There are 4 other complexes within 5 minutes of this that the same seller owns. 


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


$10,000 DEPOSIT LOCKS THIS DEAL UP


PHOTOS AND FINANCIALS BELOW


https://www.dropbox.com/scl/fo/nobda98w7ivzjmo6uww68/AHepJRCgPbvMW_GGnh2z8UI?rlkey=anyodtvw43e3a83xarijopokp&st=x3k3cvd0&dl=0


DEALS AVAILABLE BELOW:

8 UNITS

34 UNITS

24 UNITS

22 UNITS

292 UNITS


**** WE CAN HELP IF YOU NEED FINANCING *****


44 UNITS IN SOUTHEAST HOUSTON,TX VALE ADD

FOR SALE $3,080,000

LAND SQ FT 55,570

BLDG SQ FT 29,230

2 BED/1 BATHS - 6 UNITS

1 BED/1BATH  - 38 UNITS


IT NEEDS $50,000 IN REPAIRS


We have an 44 unit complex in Southeast Houston. The complex is all bills paid and has some vacant units. Value add would be implementing a RUBS system and fill the vacant units. There are 4 other complexes within 5 minutes of this that the same seller owns. 


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


$10,000 DEPOSIT LOCKS THIS DEAL UP


PHOTOS AND FINANCIALS BELOW

https://www.dropbox.com/scl/fo/ki0k2rml68kea2bbh7e54/APTBJoOcg-SiOGveWvoDfUo?rlkey=rahdsfayibnm7ruxhzdkuzssk&st=6kgo5bd6&dl=0


**** WE CAN HELP IF YOU NEED FINANCING *****

50 UNITS IN SOUTHEAST HOUSTON,TX VALE ADD

FOR SALE $3,500,000

LAND SQ FT 58,050

BLDG SQ FT 36,272

2 BED/1 BATHS -  13 UNITS

1 BED/1BATH - 37 UNITS


IT NEEDS $375-500,000  IN REPAIRS


We have an 50 unit complex in Southeast Houston. The complex is all bills paid and has some vacant units. Value add would be implementing a RUBS system and fill the vacant units. There are 4 other complexes within 5 minutes of this that the same seller owns.


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


$10,000 DEPOSIT LOCKS THIS DEAL UP

PHOTOS AND FINANCIALS BELOW

https://www.dropbox.com/scl/fo/elf4nshdol3zsh9mds2s8/ABhYTJvKCOszkmdU4riMZlg?rlkey=0l0uu0k82jk9zs648kesdk5qt&st=035p3p58&dl=0


**** WE CAN HELP IF YOU NEED FINANCING *****

34 UNITS EAST OF DOWNTOWN HOUSTON,TX VALUE ADD

FOR SALE $1,750,000

LAND SQ FT  50,760

BLDG SQ FT  11,916

EFFICIENCY  30

1 BED/ 1 BATH  4

IT NEEDS   $20,000-30,000 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


* Click Link Below to View Photos & Financials


https://www.dropbox.com/scl/fo/rd00q82navs4er7479zco/ABHMe1NJM9fHUp-vISmwUyo?rlkey=s8uoedal2tdkf077n366k3lm9&st=id3j5e77&dl=0


VACANT COMMERCIAL BUILDING HOUSTON, 77051 TEAR DOWN REHAB

FOR SALE $130,000

LAND SQ FT 6,380

BLDG SQ FT 2,315

REHAB FULL GUT

TEAR DOWN YOU DECIDE


We have a vacant commercial building that can be torn down or a full gut rehab. This is next to a nice gas station and townhomes are being built in the area.


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


$6,000 DEPOSIT LOCKS THIS DEAL UP


PHOTOS BELOW


https://www.dropbox.com/scl/fo/34tan6yl9rbpfvp2ogheq/AFgpdB0mv9p6M87Jl9cFfhA?rlkey=jb6ihbcx7azr2iqa9b55oh3o7&st=lehlxclc&dl=0


**** WE CAN HELP IF YOU NEED FINANCING *****

16 UNITS CLOSE TO UH AND TSU IN HOUSTON,TX USED AS AIRBNB

FOR SALE $1,800,000

LAND SQ FT 12,500

BLDG SQ FT 8,832

EFFICIENCY 7

1/1-2/2 UNITS 5/4


IT NEEDS   $ 3,000-$5,000  IN REPAIRS


 We have a 16 unit complex close to TSU and UH downtown. All units are currently under an Air BNB arbitrage contract and it still has another 2.5 years to go. The seller receives $16,700 monthly from this contract and pays taxes, insurance, dumpster and utilities. The contract does include an annual increase in the amount paid to the seller. There is a laundry room on site, but it has a contract with a coin company. In the last year, they have replaced all the windows, siding and flooring in the units. So, there is little to no capex items needed. The unit mix is 7 efficiencies, 5- 1 bed 1 bath and 4- 2 bed 2 bath units. The complex can be used as student housing in the future or you can continue with the Air BNB contract with annual increases.


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


$10,000 DEPOSIT LOCKS THIS DEAL UP


* Click Link Below to View Photos & Financials


https://www.dropbox.com/scl/fo/5wplqamtoyj0v0w66gje4/ABoL4ZY2i33cPB96MoP5GoY?rlkey=n0zodakywaqzq5shzc3elb75f&e=1&st=yzl5tre5&dl=0


**** WE CAN HELP IF YOU NEED FINANCING *****

25 UNITS NORHT OF DOWNTOWN HOUSTON,TX

FOR SALE $1,300,000

LAND SQ FT 27,745

BLDG SQ FT 14,284

EFFICIENCY 25

 *ALL REHABBED NO REPAIRS


 

We have a 25 efficiency unit complex north of downtown Houston outside loop 610. All units have granite countertops, renovated bathrooms with new tubs. They also have new flooring and paint. Roofs are in good shape. This is a weekly rental motel with long term tenants. The units stay full all month long. 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


$10,000 DEPOSIT LOCKS THIS DEAL UP


PHOTOS AND FINANCIALS BELOW

https://www.dropbox.com/scl/fo/fxckd6fez8opvi2o5jq54/AOTp76gZqpWQImUMuBJFSOU?rlkey=0egrlj718trtevop5wkyb3zvn&st=cl6i7gvc&dl=0



12 HOUSES AND 4 TRAILERS IN EAST HOUSTON- VALUE ADD

FOR SALE $1,950,000

LAND SQ FT 130,680

HOME SQ FT 11,550

HOUSES ARE ALL 2/1

TRAILERS ARE 3/2

IT NEEDS   $10,000 - 12,000  IN REPAIRS


We have a great value add play in East Houston. This property is 3 acres with 12 houses which are all 2/1's and 4 trailers which are 3/2's. Two of the trailers are parked owned and the other 2 are paying lot rent. There is room to add either 7 more houses or trailers on site and there is water already in place to do this now. Rents can be raised at least $100 a month on the houses 


* POF OR PRE-APPROVAL AS WELL AS A REAL ESTATE SCHEDULE WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS 

$15,000  NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


* Click Link Below to View Photos & Financials


https://www.dropbox.com/scl/fo/sjxlizbq2acy0zkc9rpv5/ABAJi_aBNpnL7JkgtRDN0ow?rlkey=59akqogebwx2yqndrcfoag02x&e=2&st=zcojlxqc&dl=0


**** WE CAN HELP IF YOU NEED FINANCING *****

MONTROSE DUPLEX NEEDING EVERYTHING REHAB WISE OR BUILD NEW

FOR SALE $620,000

LAND SQ FT 5,565

HOME SQ FT 3,2563

DOWNSTAIRS  2/1

UPSTAIRS  3/2

IT NEEDS $75-85,000 IN REPAIRS

 

We have a duplex in the heart of Montrose for sale!! The upstairs is a 3/2 and the downstairs is a 2/1. It was built is 1923 and is currently vacant. It needs a FULL REHAB. This is 1 block south of Westheimer. You can rehab and rent out or you can tear it down and build a $1 Million plus home. 


* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS


* $5,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP 


PLEASE CLICK ON THE BLUE DROPBOX LINK FOR NUMBERS AND PHOTOS 


https://www.dropbox.com/scl/fo/9svvfwhiporugqfjbyhhx/h?rlkey=27glgs9f0j9z235wymo19rt3w&dl=0


--------------------------------------------------------------

 

WE HAVE THE 60 UNITS IN SOUTHWEST HOUSTON FOR SALE!!


WE HAVE THE STRIP CENTER FOR SALE!!!!


WE HAVE THE 70 UNIT MOTEL IN PASADENA REDEVLOPMENT PLAY!!


WE HAVE 10 ACRES IN ALVIN TO BUILD ON!!!!!


HOUSTON TEXAS PROPERTIES

79 UNIT EFFICIENCY RENTALS AROUND HOUSTON,TX *VALUE-ADD POTENTIAL *FOR SALE $4,250,000

24 DOORS  for  $1,187,500  

22 DOORS  for  $1,387,500 

25 DOORS  for  $1,237,500  

7 DOORS  for  $ 437,500 

IT NEEDS  $10,000 - $25,000  IN REPAIRS PER PROPERTY

 

We have a 79 total efficiency units in Houston, Tx . UPDATED FINANCIALS ARE IN THE DROPBOX. 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

$15,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


CLICK LINK BELOW FOR PHOTOS & FINANCIALS 

https://www.dropbox.com/scl/fo/5uygwtozaww5c39wstzss/h?rlkey=yozflnvulmnychgwlfmkyrpmx&dl=0


WE HAVE THE 60 UNITS IN SOUTHWEST HOUSTON FOR SALE!!


WE HAVE THE STRIP CENTER FOR SALE!!!!


WE HAVE THE 70 UNIT MOTEL IN PASADENA REDEVLOPMENT PLAY!!

74 UNIT MOTEL IN PASADENA, TX ON 7.42 ACRES.

FOR SALE $3,500,000

CONVERT TO COMMERCIAL OR BUILD UNITS FOR MULTI FAMILY  

LAND SQ FT 323,333

BLDG SQ FT 61,116

1/1 UNITS  28 total

MOTEL UNITS 46 total

IT NEEDS $35,000-DEPENDS IN REPAIRS


We have a motel in Pasadena sitting on 7.42 acres. You can turn this into a commercial property, add units and make it a MF complex or you can tear down the current structure and start all over. 60 units were demoed and can be rebuilt as well. POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS.

$35,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


PLEASE CLICK ON THE BLUE DROPBOX LINK FOR PHOTOS

https://www.dropbox.com/scl/fo/nnpqwrcgvwakexrhd9iw8/h?rlkey=2nvo3e7i7hql95khj69xh1auo&dl=0

-------------------------------------------------------------WE HAVE THE PEARLAND FLIP!!!


WE HAVE THE 4 MOBILE HOMES IN HIGHLANDS!!!


WE HAVE THE STRIP CENTER AND 79 UNITS!!

60 UNITS IN SOUTHWEST HOUSTON,TX VALUE-AD ASSUMABLE NOTE

FOR SALE $5,250,000

LAND SQ FT 81,568

BLDG SQ FT 51,440

RAISE RENTS 

1/1 UNITS 39 total

2/2 UNITS 21 total

IT NEEDS   $35-$60,000 IN REPAIRS


We have a 60 unit complex in Southwest Houston for sale. It has 39, 1 bed 1 bath units and 21 2 bed 2 bath units. There are 4 vacant units currently. Most of the units are rehabbed, but some of the longer term tenants need updating. All the AC units have new coils. Rents need to be increased. The owner is building anew laundry room and it will have 5 washer and 4 dryers that will be owned by the complex. The parking lot is gated and tenants enter the front securely as well. 


The loan is assumable at 4.16% interest, $3.3 Million balance and matures in 2026

. 

* POF OR PRE-APPROVAL WILL BE REQUIRED IN ORDER TO GET THE ADDRESS. NO EXCEPTIONS.

$35,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


PLEASE CLICK ON THE BLUE DROPBOX LINK FOR PHOTOS


https://www.dropbox.com/scl/fo/7ms9x9zcd4tn984xuxsqn/h?rlkey=r2f3mlvf10i07n0ub8565bp2i&dl=0

--------------------------------------------------------------

 

WE HAVE THE 79 UNIT MOTELS!!!


WE HAVE THE LAPORTE LAND WITH THE MOTEL AVAILABLE!!



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 

-------------------------------------------------------------



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.


$20,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


-------------------------------------------------------------

WE HAVE THE 60 UNITS!!!


WE HAVE THE 74 UNIT MOTEL!!!!


We Also Have Moblie Homes, Condos and Land

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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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