GLENVIEW APARTMENTS
8311 Winkler Dr., Houston, Texas, 77017
AVAILABLE
Property Type
Garden/Low Rise
Total Units
202
Net Rentable Sq Ft
139,393
Price
Market
All Property Showings Are By Appointment
About
<h3><b>The Glenview</b> <b>Apartments </b>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.</h3>
<ul>
<li><b>Prime Location:</b> Situated in SE Houston, offering easy access to major highways I-45 and Loop 610.</li>
<li><b>Excellent Connectivity:</b> Only minutes from William P. Hobby Airport, enhancing travel convenience.</li>
<li><b>High Occupancy Rate:</b> Currently 94% occupied; preleased to 96%, reflecting strong tenant demand.</li>
<li><b>Versatile Unit Options:</b> 202 units with floor plans ranging from efficiencies to 4-bedroom units.</li>
<li><b>All Bills Paid Model:</b> Individually metered units; however ABP is popular for current tenant profile, simplifying living expenses and boosting appeal.</li>
<li><b>Upgraded Units with Premium Rent:</b> Six units remodeled for a $200/month rent increase; 10 units with upgraded flooring offer a $50 increase.</li>
<li><b>Additional Income Opportunities:</b></li>
<li> Increase reserved parking income</li>
<li> Charge monthly pet fees</li>
<li> Add covered parking</li>
<li> Potential to add washer/dryer connections</li>
<li> Foundation in place for future storage or additional units</li>
<li> No laundry service contract</li>
<li> Valet trash service</li>
<li><b>Cost-Effective Utilities:</b> Water-saving upgrades can further reduce water expenses by 50%.</li>
<li><b>Well-Maintained Infrastructure:</b> Recent stairwell replacements, updated boilers, and 14-year old roofs.</li>
<li><b>Secure Community:</b> 32 surveillance cameras enhance safety and peace of mind. Gated parking and off-street parking available to tenants.</li>
<li><b>Strong Rental Market:</b> Located in a rapidly growing area with rising rental rates, enhancing investment value.</li>
<li><b>Financial Upside:</b> Value-add opportunities, including continued upgrades and operational efficiencies.</li>
<li><b>Habitability Certification:</b> Recently passed habitability inspections, ensuring compliance and tenant satisfaction.</li>
<li><b>Attractive Investment Potential:</b> Market-proven rental income with future growth potential in Houston’s expanding economy.</li>
</ul>
Details
Property Type: Garden/Low Rise
Class: C
Year Built: 1955
Units: 202
Rentable Sq. Ft. : 139,393
Acres: 5.68
Supporting Documents
Private Documents
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