Investment Overview

Marcus & Millichap is pleased to present this meticulously maintained 119-unit apartment complex, originally built in 1974, rebuilt in 2012, and renovated in 2018, the property boasts favorable financing through a new agency loan and is located at 815 Autumnwood Dr in Houston, Texas. The complex is comprised of 73 one-bedroom units / 41 two-bedroom units / 2 three-bedroom units / 2 efficiency units, and 1 four-bedroom unit. Property amenities include on-site management, a leasing office, laundry facilities, reserved parking, and a park and playground for tenants' use. Since its reconstruction, the property has been exceptionally well-kept and consistently boasts high occupancy, all while operating at a very efficient rate. This investment opportunity offers immediate cash flow, with the upside of increasing rents, providing investors with both stability and growth potential.