Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire a value-add property in the rapidly growing Greater Eastwood submarket of Houston. This fully stabilized asset consists of 71 units, including 28 studio apartments and 43 one-bedroom/one-bath units. With its proximity to schools and other local amenities, this property offers great potential for an investor seeking a stable, value-add opportunity in an up-and-coming Houston submarket. Each unit is equipped with a refrigerator and stove, while the property also features an on-site, coin-operated laundromat that could generate additional income. Additionally, there is an on-site leasing office with a storage facility at the rear, along with two extra storage facilities located near the buildings for added convenience and space. In summary, this is an exceptional opportunity to acquire a value-add asset in one of Houston's most rapidly developing submarkets.