About

The Retreat at Rosslyn Apartment is a two story, garden-style, apartment community located in the Brookhollow submarket of Houston,Texas.  The property has maintained occupancies in the low to mid 80’s for more than 3 years.  The asset was built in 1978.  Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies, walk-in closets. Per owner, there are 6 units offline that were burned in a fire that will be repaired in October.

The property has had a light rehab but the Broker believes more extensive upgrades would provide better rents.  The area profile is blue collar.

The area civic association, the Near Northwest Management District, is making a major push to update the quality of the area properties.   The offering price is “Market”.  Broker suggests an offer at $70k/door.