About

The Glenview Apartments is a two story garden style apartment community located in the U of H/I-45 South submarket of SE Houston, TX in the Meadowbrook-Allendale neighborhood.

• Prime Location: Situated in SE Houston, offering easy access to major highways I-45 and Loop 610.
• Excellent Connectivity: Only minutes from William P. Hobby Airport, enhancing travel convenience.
• High Occupancy Rate: Currently 94% occupied; preleased to 96%, reflecting strong tenant demand.
• Versatile Unit Options: 202 units with floor plans ranging from efficiencies to 4-bedroom units.
• All Bills Paid Model: Individually metered units; however ABP is popular for current tenant profile, simplifying living expenses and boosting appeal.
• Upgraded Units with Premium Rent: Six units remodeled for a $200/month rent increase; 10 units with upgraded flooring offer a $50 increase.
• Additional Income Opportunities:
•      Increase reserved parking income
•      Charge monthly pet fees
•      Add covered parking
•      Potential to add washer/dryer connections
•      Foundation in place for future storage or additional units
•      No laundry service contract
•      Valet trash service
• Cost-Effective Utilities: Water-saving upgrades can further reduce water expenses by 50%.
• Well-Maintained Infrastructure: Recent stairwell replacements, updated boilers, and 14-year old roofs.
• Secure Community: 32 surveillance cameras enhance safety and peace of mind.  Gated parking and off-street parking available to tenants.
• Strong Rental Market: Located in a rapidly growing area with rising rental rates, enhancing investment value.
• Financial Upside: Value-add opportunities, including continued upgrades and operational efficiencies.
• Habitability Certification: Recently passed habitability inspections, ensuring compliance and tenant satisfaction.
• Attractive Investment Potential: Market-proven rental income with future growth potential in Houston’s expanding economy.