Investment Highlights
- 360-Unit, Stabilized Asset Built in 2021: Modern construction with strong leasing fundamentals in a high-demand Odessa submarket
- Strong Performance & Historical Occupancy: Demonstrated stability supported by durable tenant demand and attractive area fundamentals
- Compelling Basis: Offered at a significant discount to replacement cost within the market, creating an attractive basis with long-term upside
- Proximity to Major Employers Supporting High-Income Jobs: Surrounded by high-profile companies that attract well-qualified tenants and drive long-term housing needs
- Located in One of the Nation's Top Rent-Growth Markets: Midland/Odessa continues to rank among the strongest U.S. metros for rent trajectory and absorption
- Diversified Regional Economy Beyond Energy: Midland/Odessa has a diverse economy, including Healthcare, Aerospace, and Distribution
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