7930 Ritz Street 16 "Investor Special" 16 Units Multifamily/Motel Gem! With the option to convert the community laundry facility and office into additional units, totaling 18 units, forcing appreciation. Situated in close proximity to Downtown Houston, the location offers convenient and easy access to all the vibrant attractions the city has to offer. One of the highlights of our property is the spacious lot, providing ample parking space right on-site. When it comes to getting around the city, this property has easy access to major freeways such as 610 and 59 Highways. With new developments happening nearby, our motel is situated in an area that is on the rise. Early adaptors can seize the opportunity to be part of the growth and add value to their investment. Update to recent price change: - property has been cleared/vacated of all squatters - property is now boarded up & secured - property exterior has been cleaned of all trash & debris - plumbing issues have been addressed at the property.