Multi-family Apartment

Park at Willowbrook in Houston, TX

229 Unit Apartment Building in Houston, TX

Property details

Price:

$18,000,000

Lot size:

8 Acres

Status:

Active

Cap rate:

Building size:

176885 Sq ft

Address:

Houston, Texas 77086

Year built:

1984

Year renovated:

2015

Investment option:

Co-GP Equity Partner, 不参与运营

Highlights

Investment Highlights "Exceptional Financing Terms: 80% LTV, 3.05% Ten Year Fixed interest rate, Three-year Interest-only

Major employers surround the property in healthcare, manufacturing, and retail. Methodist Hospital, Amazon, Walmart, Home Depot, HEB, Coca-Cola, Sysco, General Electric, and NRG Power.

Seller has spent almost $2.0M completing the CAPEX on Pool, Club House, and upgraded 130 Units."

Other information

Investment Option

Attachments

Published on 2024-01-01

其他项目

Offering Summary

Asset Class

Multi-family Apartment

Hyde Park Forty Fifth is a 23-unit multifamily property located in the heart of Hyde Park. The property was originally built in 1972 and was renovated in 2021. The building offers a classic h

LEGENDS ON STOREY LANE

Asset Class

Multi-family Apartment

THE OPPORTUNITY The offering presents buyers with an opportunity to purchase a newly renovated, cash flowing asset in one of the nation’s most desired rental markets. With renovations nea