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Multifamily

Bellaire Oaks

Houston, TX

711 Units

Built in 1966

Value Add

Investment Highlights

  • 711-Unit, Value-Add Asset in Houston, Texas, Seven Miles Southwest of Downtown
  • More than Half of the Units Remain to be Fully Upgraded ($150-300 Premium)
  • Minutes from Major Employment and Entertainment Drivers: Texas Medical Center, Uptown, NRG Stadium & Arena, Rice University, and More
  • Zoned to Top-Rate Bellaire High School & Lovett Elementary School, and Adjacent to Affluent Neighborhoods (Home Values: $500k-$1M+)
  • Revenue Collections have Increased Over 15.5% Y-O-Y
  • $8 Million in Capital Projects Completed in Past Two Years, Providing a Fresh, Modern Look, New Amenities, and Minimal Deferred Maintenance

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