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- 6503 Juarez Street Baytown 77521
6503 Juarez Street Baytown 77521
Little MexicoMLS: #10213381
1 year, 7 months, 1 day, 8 hours, 10 minutes on market
3
Beds2
Baths1216
Sq. Ft.
StatusActive
Year Built1994
CountyHarris
FlooringLaminate
Lot Size
Parking
Total Stories1
CoolingCentral Electric
School District23 - Goose Creek ConsolidatedSchoolHARLEM ELEMENTARY SCHOOL
Fireplace
Property Details
Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. - Rents for $1,200 per month. - Unit 2 is a 2/1 with 700 sq ft. - Rents for $1,000 per month Tenant Occupied - Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method -- (NOI) $20,000 annually -- 10% Capitalization Rate -- $200,000**……**Gross Rent Mulitplier (GRM) Method -- At a GRM of 8: Value = $26,400 x 8 = $211,200**