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Multifamily

Domain New Forest

Houston, TX

300 Units

Built in 2018

Suburban Core

Investment Highlights

  • Class A New Construction: A 300-unit new construction property 20 minutes east of downtown Houston
  • Limited Future Supply: Within a five-mile radius, only 546 units have been built since 2015 and there are not any units under construction due to lack of available land with utilities
  • Outstanding Performance: The property has achieved 12.4 percent rent growth year-over-year and 14.1 percent increases on renewals in the trailing three months
  • Prime East Houston Location: The asset benefits from excellent visibility from Beltway 8 (100,000 VPD), is four miles from I-10, and less than one mile from SH-90

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