Bellaire Oaks
View Offering Memorandum and Financials
Offering Summary:
- Location: Houston, TX
- Units: 711
Investment Highlights:
- 711-Unit, Value-Add Asset in Houston, Texas, Seven Miles Southwest of Downtown
- Attractive Price per Unit: Under $90,000/Unit
- More than Half of the Units Remain to be Fully Upgraded ($150-300 Premium)
- Minutes from Major Employment and Entertainment Drivers: Texas Medical Center, Uptown, NRG Stadium & Arena, Rice University, and More
- Zoned to Top-Rate Bellaire High School & Lovett Elementary School, and Adjacent to Affluent Neighborhoods (Home Values: $500k-$1M+)
- Revenue Collections have Increased Over 15.5% Y-O-Y and Currently 96% Leased
- $8 Million in Capital Projects Completed in Past Two Years, Providing a Fresh, Modern Look, New Amenities, and Minimal Deferred Maintenance
Exclusively Listed by:
-
Greg Austin
Senior Managing Director
-
-
-
Will Balthrope
Executive Managing Director
