Investment Highlights
- 287-Unit, Class A Asset in High-Growth Spring Submarket: Newly constructed, stabilized asset in market with favorable supply dynamics (construction down 65%+ in Houston)
- Attractive Assumable HUD Loan: Below-market, long-term financing with a 35-year amortization period and a competitive 5.70% interest rate with interest-only period through May 2027
- Proximate to Major Employment Hubs: Minutes from the ExxonMobil HQ, Hewlett Packard HQ, Southwestern Energy, and the 30M+ SF of high-profile office in The Woodlands
- Top-Tier Demographics & Connectivity: Strategic access to I-45, Grand Parkway (Hwy 99), and George Bush Intercontinental Airport, serving a tenant base attracted to the area's highly rated schools and lifestyle amenities