14340 Wallisville Rd., Houston, TX 77049
Bella Vista Apartment Homes is a new design/build development project completed in 2018. This exciting new project started leasing in April. Located on Wallisville Road, off of I-10 East, this development represents one of the newest projects of this type to be built in the area in the last several years. Great drive-by.
The project consists of 41 one-bedroom/one-bath units and 43 two-bedroom/two-bath units. The individual apartment homes feature a complete energy-efficient package with state of the art appliances and fixtures. Some amenities future residents will enjoy are granite countertops in the kitchen and bathroom, ceiling fans, washer/dryer connections, black appliances, pendant lighting, wood cabinets, 9' ceilings, large walk-in closets, patios and balconies, professionally landscaped grounds, faux hardwood floors, ceramic tile in bathrooms and brushed nickel fixtures. Per owner, there are 16 storage units that lease for 75/month. 2 are currently occupied. Pet deposit is $500 and pet rent is $10/month. Furnishing washers/dryers in each unit could add $50/month more in income.
This is a Gonzalez Group project. Performance and quality are huge for The Gonzalez Group on every project. Along with meeting with each subcontractor to review their work schedule, safety and quality expectations they deliver a beautiful property of the highest quality construction.
In reference to the rent comps, Domain New Forest and Haven at Liberty Hill were in lease-up but are just about stabilized now.
Generation Park, FMC and Summerwood subdivision all are bringing growth to the area.
Tom Wilkinson has performed real estate marketing serves for institutional and individual investors since 1972. He has a BA in Mathematics from Rice University and an MBA in Real Estate Investments from the University of Texas. In addition to brokering real estate, Tom previously owned and operated more than 80 properties. Tom has successfully marketed properties for and to dozens of individual, business and institutional sellers and buyers, including REO properties for the RTC, FNMA and FreddieMac.