Heights at Post Oak

Heights at Post Oak

View Offering Memorandum and Financials

Offering Summary:

  • Location: Houston, TX
  • Year Built: 1972
  • Units: 940

Investment Highlights:

  • 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.

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