Located in the Gulfton/Westbury Submarket: The submarket has historically experienced above average rent growth and high occupancy.
Value-Add Opportunity: A new investor has the opportunity to upgrade the remaining 350 of the units and expand upon current upgrades the see significant increases in rental income.
Minimal Deferred Maintenance: The property has recently received numerous CapEx improvements, including new roofs and clubhouse, allowing the new investor to allocate more dollars towards interior improvements.
Proximate to Major Employment Centers: The asset is located minutes from Highway 90 and Beltway 8, allowing residents quick and convenient access to major employment centers throughout Houston.
