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House
·
for sale
USD 7,500,000
USD 1,695/sq.ft
New
4407 Continental Drive
Addicks
· 4,424 sq.ft · 11 Bedrooms · 9 Baths · House
· Equipped kitchen
Addicks · 4,424 sq.ft · 11 Bedrooms · 9 Baths · House · Equipped kitchen
This well-performing income property offers a strong cap rate profile and consistent operating income. Strategically located near schools, shopping, and daily amenities, the property benefits from high rental demand and stable occupancy. Fully remodeled in 2017, the property features a rear metal building with three studio units. The main structure operates under a shared-housing model similar to PadSplit, where tenants lease individual rooms and share common living areas, kitchen, and laundry—an approach designed to optimize rental income and operational efficiency. The property is always 75%+ occupied, professionally maintained, and turn-key ready. A solid opportunity for investors seeking income stability and scalable performance. Contact the listing agent for detailed rent roll and operating information
This well-performing income property offers a strong cap rate profile and consistent operating income. Strategically located near schools, shopping, and daily amenities, the property benefits from high rental demand and stable occupancy. Fully remodeled in 2017, the property features a rear metal building with three studio units. The main structure operates under a shared-housing model similar to PadSplit, where tenants lease individual rooms and share common living areas, kitchen, and laundry—an approach designed to optimize rental income and operational efficiency. The property is always 75%+ occupied, professionally maintained, and turn-key ready. A solid opportunity for investors seeking income stability and scalable performance. Contact the listing agent for detailed rent roll and operating information
USD 7,500,000