Skip to main content

Scroll Down

View Full Details

Multifamily

Greenwood at Katy

Katy, TX

324 Units

Built in 2022

Suburban Core

Investment Highlights

  • 324-Unit, New Construction Asset in High-Growth Katy, Texas, Immediately West of Houston
  • Fully Stabilized Asset with Strong Occupancy (95%) and Effective Rent Growth (3.5%) Trends in Trailing 12 Months
  • Unique, Low-Density (22.3 Units/Acre) Site Plan with Large, Scenic Pond with Water Features and Walkways
  • Prime Location Zoned to the Renowned Katy ISD and at the Heavily Trafficked Intersection of Interstate 10 & Grand Parkway
  • Surrounded by Katy's Most High-Profile Retail and Entertainment Drivers: Katy Mills, Katy Grand, and more
  • 100% Property Tax Exemption via a Strategic PFC Partnership with Harris County Housing Authority
  • Attractive Loan Assumption Opportunity with 3.18% Interest Rate and 38 Years of Term Remaining

Exclusively listed by

Related Research

Back to top

More Listings from Gregory Austin