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Houston Multifamily Portfolio
Houston, TX Spring Branch East

$319,500,000 USD

Multifamily For Sale  •  1,354,372 SF

5 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 4.00 %
39 Transit Score
58 Walk Score

Highlights

Five multifamily properties at 93% to 95% occupancy, offering in-place management teams and 1,562 units priced at $195,260 per unit.
Each complex boasts updated amenities such as pools, fitness centers, and playgrounds, enhancing resident lifestyle and engagement.
Properties are in desirable, low-crime neighborhoods with easy access to shopping, dining, and major roadways, ideal for commuting professionals.
Features studios up to four-bedroom units with family-friendly amenities and proximity to great schools and employers, appealing to long-term renters.
Optimistic appreciation outlook from Houston’s strong job market and population growth, making this attractive to stable investors.
Each community showcases contemporary designs and well-maintained interiors, minimizing the need to implement capital improvements.
Cap Rate: 4.00 %

Public Transportation

AirportDriveWalkDistance
William P Hobby 35 min - 20.9 mi
George Bush Intcntl/Houston 31 min - 23.6 mi
Natasha Alexander 858-500-1146 Lone Star State Alexander Capital, LLC
Natasha Alexander 858-500-1146 Lone Star State Alexander Capital, LLC