All Cash

REDSTONE

The Redstone Apartments in Houston, TX is a 66 unit, garden style community built in 1960. It is pet friendly and offers one and two bedroom apartment homes for rent with convenient shopping and dining closeby. Some apartments feature spacious floorplans with faux wood flooring and fully-equipped kitchens. The community offers remote control access, BBQ area and laundry facility. Located in Northwest Houston, Redstone is easily accessible to I-45.

CORNERSTONE

The Cornerstone Apartments, is a two story, garden-style, apartment community located in Harlingen,Texas. The asset was built in 1996. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies and walk-in closets.

STONEGATE

The Stonegate Apartments, is a two story, garden-style, apartment community located in Amarillo,Texas. The asset was built in 1997. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies and walk-in closets.

Currently there are no reported leasing concessions. The owner appears to be constantly improving the asset. It is assumed that some of the payroll expense relates to the updating under way.

Ideal for long term hold.

GREEN TREE PLACE

Nestled in a wooded setting,Green Tree Place is a very attractive property with lush, mature landscaping on a heavily wooded lot in the Champions area in far northwest Houston, west of I-45 and north of Beltway 8. The community is well located near Bush Intercontinental Airport, FM 1960 and the Greenspoint Business District. The property appears to be in good condition with little deferred maintenance and offers residents a generous amenity package. Unit amenities include cable ready units (recently wired with AT&T fiber), crown molding, dry/wet bars, 9 ft.

4115 DRAKE STREET APARTMENTS

4115 Drake Street Apartments is a two story, garden style, 16 unit apartment building located at 4115 Drake Street in the West University area of Houston, Texas. It contains approximately 10,291 square feet of rentable area and was built in 1962 and was remodeled in 2016. The asset is nestled in a quiet, established, residential neighborhood with an abundance of old oak trees and yesteryear charm.

2300 PARK

2300 Park Street Apartments is a two story, garden style, 20 unit apartment building located at 2300 Park Street in the Montrose area of Houston, Texas. It contains approximately 12,533 square feet of rentable area and was built in 1966. It is located in the Neartown-Montrose neighborhood. The asset is nestled in a quiet, established, residential neighborhood with an abundance of old oak trees and yesteryear charm.

7614 GRAHAMCREST

7614 Grahamcrest is a two story apartment community located in the Gulf Freeway submarket in Houston,Texas. The asset was built in 1971.

Property has a new roof, new plumbing, and updated electrical. The property appears to be in very good condition (please verify).

Southwest Airlines has built an international terminal at Hobby Airport. This has reportedly added approximately 10,000 new jobs to the Houston economy.

The property should be ideal for a smaller owner/operator.

CHAMPIONS CREEK

Champions Creek apartment homes is an 80 unit, 2016 vintage, two-story asset located in the Willowbrook/Champions sub-market. The property has 16, two-story, garden -style buildings with wood frames, stucco and fibercement siding exteriors, and pitched roofs.

ELLINGTON COURT

Ellington Court Apartments located at 201 Ellington Street in Nacogdoches, Texas, is a 36 unit luxury apartment property. The property consists of 1 and 2 bedroom apartments with amenities such as 9' ceilings, crown moldings, ceiling fans in the living area and bedrooms, window blinds, private patios/balconies, outside storage area, breakfast bar area, pantries and fully equipped kitchens with new appliances.

WINSOME LANE FOURPLEX

5916 Winsome (a fourplex) is a one story, spacious, multi-family home located in the Galleria area of Houston, Texas. The asset was originally built in 1967 and is nestled in between Fountainview and Chimney Rock. Interiors are in good condition but needs minor upgrades.

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