Investment Overview

Oakwood Village is an apartment community located in Orange, Texas, presenting a value-add opportunity to the market. Built in 1982 and partially renovated, the property consists of 188 units arranged in 16 two-story buildings. Oakwood Village offers several floor plans: a one-bedroom/one-bathroom measuring 719 square feet, a two-bedroom/one-bathroom measuring 836 square feet, and a two-bedroom/two-bathroom measuring 998 square feet. The units feature private patios, high ceilings with fans, carpet and vinyl plank flooring, dishwashers, fireplaces, large closets, washer and dryer connections, black appliances, built-in bookshelves, and are cable-ready. The community also provides residents with various amenities, including a barbecue and picnic area, a business center, a fitness center, on-site management and maintenance, package lockers, covered parking, a swimming pool with a sundeck, and poolside WiFi. With stylish living and numerous conveniences, residents find it easy to call Oakwood Village home. Oakwood Village is centrally located in Orange and is closely surrounded by employment opportunities, a strong retail presence, and recreational activities. Within just a couple of miles, residents can find several schools, parks, shopping centers, and restaurants, including Starbucks, Chick-fil-A, Walmart, and H.E.B., all less than 10 minutes away. Perhaps the most alluring aspect of Oakwood Village is the opportunity to grow revenue upon the takeover of new ownership. This unique offering provides investors with upside potential through organic rent growth, reduction of loss to lease, and further revenue growth with the completion of unit upgrades for long-term value appreciation.