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Multifamily
The Worthington at The Beltway
Houston, TX
362 Units
Built in 1982
Value Add
Investment Highlights
- 362-Unit Value-Add Asset in Houston, TX: 1980s vintage asset located in the heart of Houston's North Logistics Corridor
- Unrivaled Connectivity: Situated at the interchange of Sam Houston Tollway (Beltway 8), I-45, and the Hardy Toll Road
- Proven Demand with Strong Upside: Value-add potential through continued interior renovations and operational enhancements to support further NOI growth
- Proximity to Key Economic Drivers: George Bush Intercontinental Airport (IAH) and the ExxonMobil Houston campus
- Strategic North Houston Location: Direct access to major medical institutions and <10 minutes of premier employment hubs — City Place (22K+ jobs) and The Woodlands (40K+ jobs)
- Attractive Assumable Debt: In-place Fannie Mae loan with well-below market rate of 3.19% maturing in 2032