Greenwood at Katy
View Offering Memorandum and Financials
Offering Summary:
- Location: Katy, TX
- Year Built: 2022
- Units: 324
Investment Highlights:
- 324-Unit, New Construction Asset in High-Growth Katy, Texas, Immediately West of Houston
- Fully Stabilized Asset with Strong Occupancy (95%) and Effective Rent Growth (3.5%) Trends in Trailing 12 Months
- Unique, Low-Density (22.3 Units/Acre) Site Plan with Large, Scenic Pond with Water Features and Walkways
- Prime Location Zoned to Katy Independent School District (ISD) and at the Heavily Trafficked Intersection of Interstate 10 & Grand Parkway
- Surrounded by Katy’s Most High-Profile Retail and Entertainment Drivers: Katy Mills, Katy Grand, and more
- 100% Property Tax Exemption via a Strategic PFC Partnership with Harris County Housing Authority
- Attractive Loan Assumption Opportunity with 3.18% Interest Rate and 38 Years of Term Remaining
Exclusively Listed by:
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Greg Austin
Senior Managing Director
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Will Balthrope
Executive Managing Director
