Investment Overview

Marcus & Millichap is pleased to present a compelling value-add opportunity located in the heart of Houston. Positioned just off the 610 Loop, the property offers tenants immediate access to Houston's major thoroughfares and employment hubs, enhancing long-term renter demand and investment stability. This asset is comprised of 12 total units, featuring 10 spacious one-bedroom/one-bath layouts and 2 two-bedroom/two-bath units. With only one current vacancy, the property provides investors with a rare opportunity to acquire a stabilized asset with immediate upside potential. Strategic value-add enhancements can be implemented early in the hold period to unlock additional cash flow and long term appreciation. The current ownership has completed substantial capital improvements to both the interior and exterior, while leaving room for further upgrades to maximize returns. The fully gated property includes covered parking and an on-site laundry facility, both of which can be further monetized to increase additional income. Whether you are a first time investor or looking to expand an existing portfolio, this offering presents an exceptional opportunity to acquire a well-located, income-producing asset with strong value-add potential in central Houston.