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Multifamily

Aria at Wilcrest

Houston, TX

81 Units

Built in 2018

Suburban Core

Investment Highlights

  • Fully Stabilized Asset, Built 2018 in Southwest Houston, TX
  • Located off Sam Houston Tollway and Proximate to Energy Corridor, Westchase, Medical Center, The Galleria / Uptown
  • Strong Submarket Fundamentals: 6.1% Rent Growth with 94.4% Occupancy in 2Q23
  • Exceptional Historical Performance and Current Rents Nearly 25% Below Competitive Properties
  • Extremely Supply Constrained Submarket of Houston; Zero Units Currently Under Construction or Proposed
  • Significant Value-Add Upside of Over $200/Month via Implementation of Washer/Dryers, New Flooring, Countertops, Pet Yards & Tech Packages

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