$999,900
For Sale

6051 Garth Road #3

Baytown, TX 77521
3920 sqft | 0.38 acres | #35781751
Browse 6 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Leased property with 7 year lease with tenant renewal options through year 17. Positive cash flow! Tenant pays own utilities and cap rate is exclusive of taxes/insurance/maintenance as those are paid by tenant. Lease rate escalates each year. Property consists of a commercial condo - 3920 sq.ft. in a 1-story medical strip center with high visibility on Garth Rd only 1 mile from I-10.

  • Property Details
      • School District23 - Goose Creek Consolidated
      • SubdivisionBaytown Medical Emergency Co
      • Property SubtypeTownhouse/Condo, Condominium
      • Elementary SchoolBANUELOS ELEMENTARY SCHOOL
      • Middle SchoolE F Green Junior School
      • High SchoolGOOSE CREEK MEMORIAL
      • Sewer InformationPublic Sewer
      • Lot DescriptionOn Street
      • Property TypePurchase
      • MLS #35781751
      • MLS #35781751
      • Taxes Annual$23,462
      • Acres0.3819
      • Utility SourcePublic
      • CountyHarris
      • Cost999900
      • StyleOther
      • Structure TypeCondo
      • Square Feet3920
      • Year Built2011
      • FoundationSlab
      • Hoa Fees422
      • Half Baths2
      • Stories1

Location

Kenya JacksonReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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