All Cash

WILLOW CREEK

Willow Creek Manor is a two story, 128 unit, garden-style, apartment community, located in Alvin, TX, in Brazoria County just south of Houston.

The asset appears to be in very good condition with 5 year old roofs and boilers installed in 2006, along with full exterior paint of the stucco, siding and Hardie exterior. Residents enjoy spacious 1, 2 and 3 bedroom floor-plans.

The area is growing with new retail, dining and employment coming up everywhere. Willow Creek Manor offers an investor the opportunity to add value through property management and oversight.

BRIARSTONE APARTMENTS

The Briarstone Apartments is a two and three story, garden-style, apartment community located in the Richmond/Rosenberg submarket of Fort Bend County,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.

Per Enriched Data, currently there are no leasing concessions.

Very nice looking asset in a strong rental growth market. Small asset, which may have condo conversion potential, especially for seniors.

CIRCLE K APARTMENTS

The Circle K Apartments is a 32-unit multifamily garden low-rise building located at 650 Donoho St. Hempstead TX. The building is comprised of 32 two bedroom/one bath units. Built in 1996. All 32 are the same two bedroom/one bath floor plan and approx. 850 sq. ft. per unit with 4 Buildings, 8 units in each building.
 

GULFWIND APARTMENTS

The Gulfwind Apartments is a two story, garden-style, apartment community located in the Galveston submarket south of Houston, Texas. The asset was built in 1969. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies and walk-in closets.

Galveston properties are enjoying high occupancy and rents are expected to rise.

This asset is ideal for a long term owner operator. There may be a potential to convert to condos as well.

201 EMERSON STREET APARTMENTS

201 Emerson St Apartments is a 20 unit apartment building located at 201 Emerson St. It contains approximately 12,970 square feet of rentable area and was built in 1961. 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.

Residents enjoy a shared on-site laundry facility. There is garage parking as well as surface parking. All bills paid property.

MITTLESTEDT CHAMPIONS

Mittlestedt Champions Apartments and Townhomes is a 56 units, 2011 vintage, two-story asset located in the Willowbrook/Champions sub-market. The property has 16, two-story, garden and townhome-style buildings with wood frames, stucco and fibercement siding exteriors, and pitched roofs.

SHADOW PARK

The Shadow Park Apartments are well located just off Hwy 288 (Nolan Ryan Expy) on Garland Drive in Lake Jackson, Tx., which is part of the Houston MSA. The property is in the Brazosport market, a secondary Market to Houston. Houston is approximately 40 miles north of the property. Lake Jackson is home to the Dow Chemical Innovation Center and the Texas Dow Employee Credit Union, Dow is the largest chemical complex in the world.

2727 BRAZOS

2727 Brazos Lofts is located near the trendy Montrose area, upscale River Oaks, and Midtown Houston. The property is only minutes away from extraordinary shopping and award winning restaurants such as Uchi, Underbelly, and Anvil to name a few. There is also easy access to universities, museums parks, and hospitals.

2727 Brazos Lofts offers luxurious, contemporary, exclusive floor plans The asset has chic and contemporary studios and one bedroom apartment homes that feature air conditioning, energy efficient appliances, large closets, and washer and dryers.

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 weas originally built in 1967 and is nestled in between Fountainview and Chimney Rock. Interiors are in good condition but needs minor upgrades.

ENCHANTED FOUNTAINS

The Enchanted Fountains Apartments, is a two story, garden-style, apartment community located in the Gulfton submarket of SW Houston,Texas. The property is a tax credit property and has maintained occupancies in the low to mid 90's for more than 3 years. The asset was built in 1966. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies and walk-in closets. Currently there are reportedly no leasing concessions. 26 units were totally or partially rebuilt after two fires.

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