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Apartments For Sale • 40,000 SF
| Willis South Apartments is a market-rate apartment complex with stable cash flow supported by USDA voucher-backed rents and market-rate tenants. |
| Formerly rent-subsidized but now unrestricted, it offers 48 units, operational flexibility, and upside via rent optimization and value-add utilities. |
| Clean USDA physical inspection reflects strong property condition and well-maintained on-site leasing office, laundry facility, and tenant amenities. |
| Receive stable income from voucher rents up to $1,461 per month on select two-bedroom units with remaining units leased at full market rates. |
| Ratio Utility Billing System implementation helps reduce operating costs as the tenant pays for electricity and the owner pays water, sewer and trash. |
| Benefit from long-term financial stability with positioning inside a high-growth North Houston submarket with 4.7% projected annual population growth. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| George Bush Intcntl/Houston | 51 min | - | 40.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 66 |
| Type: | Surface |
| Included in Rent: | Yes |
