Price Upon Req.195,724 SF
Cypress Ridge is a 252-unit garden apartment community located in the Champions/Willobrook submarket of Houston, Texas. The property benefits from an excellent location on Bammelwood, just south of FM 1960, a major thoroughfare in Northwest Houston. The submarket has seen strong rental rate growth (3.0%) over the last 12 months. Cypress Ridge has an attractive leasing office with new amenities, a play ground, picnic areas, BBQ grills, a sparkling swimming pool with a gazebo and three clothes care centers. Exterior finishes are brick, wood and Hardi-plank. The building roofs are pitched and the property is individually metered for electricity. Cypress Ridge offers residents an extensive selection of one, two and three-bedroom floorplans which average 777 square feet. Over the last 5 years, numerous capital improvements have been completed, including the conversion of 32 one-bedroom units to 16 three-bedroom units, all new roofs, plumbing and electrical, parking lot repairs, exterior carpentry/paint and interior upgrades.
Price Upon Req.36,164 SF
* Value-add potential through moderate interior and exterior upgrades * Strong submarket rental rate growth (4.9%) over the last 12 months * Available All Cash
Price Upon Req.41,560 SF
Sherwood Glen is a 56-unit, multifamily asset located in the Lazybrook/ Timbergrove neighborhood in Houston, Texas. The property benefits from an excellent location immediately north (less than a mile) of the heavily traveled Interstate 610 with a traffic count of over 234,000 vehicles per day. Its infill location provides residents with convenient access to major employment centers, an array of shopping centers, and Houston's most desirable neighborhoods. The property was built in 1972 and has been well maintained by long term ownership. Property amenities include a sparkling swimming pool, an on-site clothes care center, covered parking and driveway entry gates. Exterior finishes are constructed of brick and stone. The building roofs are flat and the property is mastered metered for electricity. Sherwood Glen offers residents one and two bedroom floor plans which average from 645 to 805 square feet. Interior features include: conventional ovens, ceiling fans, mini/vertical blinds, walk-in closets, frost-free refrigerators, dishwashers, Hollywood lighting in baths and garbage disposals.
Price Upon Req.86,525 SF
The Winkler Portfolio is a 113-unit , Class C, multifamily collection located in southeast Houston, Texas. The portfolio is situated on 3.16 acres of land and includes three separate communities that neighbor each other: El Dorado Apartments (18 units), Belvedere Apartments (46 units) and Winkler Apartments (48 units). The portfolio was built in 1951 and 1955. Exteriors are constructed of brick and wood. The portfolio offers six spacious floorplans ranging in size from 650 to 900 sq. ft. Total occupancy is currently at 100%.
New Roof just complete. Make Ready complete 12/2015. New tenant lease at $1350 effective 01/01/2016. Part of large package that can be sold together or individually. Management in place. Email Broker for additional information on remaining list.
Mills Road Townhomes are in the heart of northwest Houston. This is one of the fastest growing areas in the region and is only 20 miles from downtown Houston and George Bush Intercontinental Airport. The neighborhood is conveniently located less than five miles from schools, shopping, major employers and an extensive highway system.
Price Upon Req.63,200 SF
Residence at the Heights is a 97-unit , Class B+, multifamily asset located in The Heights neighborhood in Houston, Texas. The Heights, positioned immediately northwest of Downtown Houston, was founded in 1891 and is Texas' earliest planned community. Within the past decade, the Heights has experienced a revival which has significantly increased property values up to 50% and attracted many highly regarded chef-driven restaurants, trendy boutique retail, music venues and other local businesses to the area. Residence at the Heights was built in 1972 and renovated in 2015. The property benefits from an excellent location off W. Calvacade St.. The subject is two miles south of Interstate 610 North Loop and half a mile west from Interstate 45 which receives a traffic count of more than 245,000 vehicles per day. Residence at the Heights has received $1.7 Million in capital improvements within the last year.
Vintage home in a mature neighborhood immediately off of west Loop 610. Many home in the area are "tear down" for replacement with million dollar homes. The home was built in 1949 as 2 bedrooms, 2 baths and it sits on a 8,125 SQFT lot.
This property being marketed for reposition no financial available. Tear down for new development or reposition multi family development
Price Upon Req.74,472 SF
Residence at Garden Oaks is a 98-unit , Class B+, multifamily asset located in the Garden Oaks neighborhood in Houston, Texas. The property was built in 1972 and renovated in 2015. The apartment buildings are constructed with brick and have pitched roofs. Electricity is individually metered. Residence at Garden Oaks has received $1.6 Million in capital improvements within the last year. Exterior improvements include: full exterior restoration and paint, new signage, resurfaced parking lots, new perimeter fencing, new drive gates, and upgraded landscaping. New interior finishes include: new granite counter tops (kitchen and bathroom), modern fixtures and lighting, new wood veneer cabinets, new all-black appliances, and modern faux wood or tile flooring. The community offers outstanding amenities such as: gated access, permit parking, three courtyards/picnic areas, barbecue grills, and valet trash pick-up. Residence at Garden Oaks units consist of one and two bedrooms and two bedroom town homes which average between 656 to 1,143 square feet.