LANDMARK AT KENDALL MANOR

21717 Inverness Forest Blvd., Houston, TX 77073

Specifications

Property Type: 
Garden/Low Rise
Class: 
B+
Year: 
1981
Units: 
272
Rentable Sq. Ft.: 
266,468
Lot Size: 
11.83 acres
Listing Type: 
Status: 

An Open House will be held on Tuesday, Oct. 23rd and Tuesday, Oct. 30th, 2018 - Call for offers is Nov. 8, 2018

The Landmark at Kendall Manor Apartments is a two story, garden style, 272 unit apartment community located at 21717 Inverness Forest Dr. in the northwest/1960 area of Houston, Texas. It contains approximately 266,468 square feet of rentable area and was built in 1981 and was remodeled in 2015. The asset is nestled in a quiet, established, residential neighborhood with an abundance of lush landscaping and tall trees.

Residents enjoy spacious one or two bedroom apartment homes. The property has been partially rehabbed and upgraded with amenities that include: modern espresso cabinetry with brushed nickel pulls, black appliance packages, upgraded plumbing and light fixtures, wood laminated flooring, ceiling fans, private patio or balcony, oversized master bedrooms, huge walk-in closets, and large picture windows with scenic views. Community amenities include a Wi-Fi Coffee Cafe, Sparkling Swimming Pool, Pet Bark Park, Resident Business Center, Picnic Areas with BBQ Grills, New Summer Kitchen, Playground, Fitness Center and Newly Designed Clubhouse. The property is located just minutes from George Bush Intercontinental Airport, Downtown Houston and Lake Houston State Park. 

The asset underwent a $1,675,000 ($6,158/unit) rehab in 2015. Please ask Broker for a detailed rehab budget.

Further upside may be obtained by bringing all of the interiors to the top standard for the rehab done. (Ask Broker for a detailed rehab budget.) The staff reports that this property has had the most recent updates among the competition.

Supporting Documents

Tom Wilkinson

Location: 
Houston, TX
twilk4.ketent@gmail.com
Office: 
713-355-4646 x 102
Fax: 
713-355-4331

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.

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