Assumption

THE PEARL AT OYSTER CREEK

The Pearl at Oyster Creek Apartments is a two story, garden-style, apartment community located in the Lake Jackson submarket. The asset was built in 1970. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies, walk-in closets, wood burning fireplaces.

Currently there are no reported leasing concessions. The prpoerty appears to have excellent driveby. On a recent tour, the street was packed.

VISTA DEL SOL

Vista del Sol is a brick and wood, Class "C+" quality project located in Pasadena, Texas approximately 9 miles southeast of downtown Houston. The property has excellent access to Hwy 225, Loop 610, and Beltway 8. Strong job base due to its proximity to all of the petrochemical facilities in Pasadena. Working class tenant profile. The property was renovated in 2003/2004, at a cost of $1,600,000, with all new roofs and additional exterior upgrades in 2009/2010. The 2010/2016 rehab also included upgraded interiors, redesigned units with crown molding and ceramic tile flooring.

WITTE OAKS

Witte Oaks is a 124 unit, garden style complex, well located in the Spring Branch area of northwest Houston, just minutes from I-10, Beltway 8 and convenient to major shopping at Memorial City Mall as well as other retail shops and centers. Constructed in 1964, the property appears to be to good condition and provides a pool, a fitness center, storage areas, playgrounds and laundry rooms. Residents enjoy cable ready units, walk-in closets, mini-blinds, ceiling fans, washer/dryers and patios/balconies.

THE RESIDE

The Reside Apartments is a three story, garden style, temporary, corporate housing apartment community located in a prime "A" location, the Medical Center area of Houston, Texas. The property is situated in a beautiful tree lined community giving the property the feel of a rural retreat, yet its location off Main Street near the Texas Medical Center is close to all the conveniences of a large city.

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