Investment Overview

Marcus & Millichap is pleased to present this remarkable value-add opportunity inside the loop of Houston, TX. This fully stabilized complex is comprised of 16 two-bed/one-bath units with tremendous operational upside to increase rents. There is already a value-add plan in place for a new investor to acquire the property and implement day one. Each unit is equipped with washer and dryer hookups, which would allow a new owner to add a washer and dryers into every unit, which would generate $250/month over market rents. This property is located just South of 610 and East of Highway 69, which allows for easy highway access all around the center of Houston. This provides residents with the comfort to travel to all major metros in Houston with ease, to take advantage of the continuously growing Houston market. In summary, this is a tremendous opportunity for an investor to acquire a property with phenomenal operational upside, along with an already proven, value-add strategy that can be immediately implemented.