3339 Adair St., Houston, TX, 77004
Net Rentable Sq Ft
All Property Showings Are By Appointment
The MATRIX STUDENT HOUSING BUILDING is located between University of Houston and Texas Southern University. The MATRIX is new construction with solid concrete podium and steel-wood frame five-story structure with 94 units.
The MATRIX has two elevators with symmetry design on the left wing and right wing. The flat roof design enables the best views of the two universities. The roof also provides possibility to install large advertisement signs. Amenities include internet by Comcast, on-site management office and Gym, washer/dryer rooms on each floor, and abundant parking. Each unit has washer and dryer connections. The property has a stylish concrete fence surrounding the building and numerous 24 hour security cameras .
Due to its location, MATRIX can serve both the University of Houston and Texas Southern University student housing. UH will generate yearly 43,000 enrollments of students paying annual tuition of $ 19,693 and 2,300 faculty members and 4,300 staff. TSU will generate yearly 9,000 enrollments of students paying annual tuition of $ 18,566 and 1,400 faculty members and 488 staff. The rapid growth of the enrollment and employment guarantees the MATRIX a solid rent roll. There is a Metro across the street which offers easy commuting for variety of the renters.
The MATRIX is currently under construction. This is an EB5 project built with EB5 funds. Seller would like an offer please.
Property Type: Midrise
Year Built: 2022
Rentable Sq. Ft. : 42,230