Investment Highlights
- 384-Unit, Value-Add Asset in Houston, Texas, 15 Miles West of Downtown
- Diverse Unit Mix with 140 Highly Desired Townhome-Style Units; Nine-Foot and Vaulted Ceilings with Full-Size Washer/Dryer Connections in Units
- Significant Value-Add Upside: 99% of the Units Remain to be Upgraded (Three-Bedroom Units Recently Renovated and Leased for $300 per Month Above Prior Leases)
- Strategically Positioned off Highway 6, just South of the Energy Corridor (100k+ Employees)
- Located in Top-Ranked Submarket for Effective Rent Growth – 6.3% Annual Rent Growth in 2023
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