Property Description:
Kaizen Acquisition is pleased to present an exceptional value-add investment opportunity in Crosby, TX. 15010 FM 2100 Rd is a well-positioned commercial asset offering strong cash flow with significant value-add potential through strategic lease-up and asset management. With a diverse tenant mix and below-market rents, this property presents an attractive investment opportunity for both seasoned and new investors looking to maximize returns.
Currently operating at 61% occupancy, this property generates a monthly rental income of $8,060, with an annual in-place income of $96,720. A stabilization strategy can drive occupancy to 90% or higher, increasing the projected annual revenue to $120,000 or higher. Given the favorable cap rate valuation and potential for future appreciation, this property is a prime opportunity for investors looking to add a high-yielding commercial asset to their portfolio.
Pre-Covid, the property was 100% occupied generating 168k in annual gross rents.
Current asking price is $975k, buyer pays buyer portion of closing expenses. This will be an assignment of contract.
Can provide OM upon request. Please email: aldo@kaizen-acquisitions.com