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 assumption 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 potential to increase rents and explore expansion possibilities with included vacant land, providing investors with both stability and growth potential.