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Multifamily

Houston Townhome Portfolio

5600 Alvin A Klein Dr, Spring, TX 77379

Listing Price: Request For Offer

Number of Units
55
Gross SF
84,946

Investment Overview

Marcus & Millichap and IPA are pleased to exclusively market for sale the Houston Townhome Portfolio, a two-property, 55-unit townhome-style multifamily portfolio offering in Houston, Texas. Rolling Fork Village, a 24-unit community built in 2005, is located at the intersection of Windfern Rd. and Rodney Ray Boulevard in Northwest Houston. Sorrento Village, a 31-unit community build in 2010, is located at 5600 Alvin a Klein Dr. in Spring, a suburb of North Houston. Both properties offer a unique unit mix with large average unit sizes and two-car garages just minutes from Houston's major employment, retail, and entertainment attractions. Unit interiors include white appliances, faux-wood flooring (tile in wet areas), resurfaced countertops, and brushed nickel hardware. Situated within two sought-after Houston School districts, both Rolling Fork Village and Sorrento Village offer residents an unbeatable quality of life with easy access to all points of the Houston MSA.

Investment Highlights

  • 55-unit, townhome-style multifamily portfolio with strong historical occupancy and significant income growth potential
  • All units include direct-access two-car garages, a highly sought-after amenity in the submarket
  • Unit enhancements and community upgrades will provide new ownership with a true value-add opportunity
  • Each property sits within an award-winning school district, a coveted amenity for young families
  • Both Sorrento Village and Rolling Fork Village are located in close proximity to Houston's major employment, retail, and entertainment attractions
  • Extremely strong metro demographic profile, where the population has increased by 17% and average household income by 24% since 2010
  • Quick and convenient access to major highways, connecting residents to all points of the Houston MSA within minutes

Exclusively Listed By

Financing By

Multifamily

Houston Townhome Portfolio

Listing Price: Request For Offer

Number of Units
55
Gross SF
84,946

Investment Highlights

  • 55-unit, townhome-style multifamily portfolio with strong historical occupancy and significant income growth potential
  • All units include direct-access two-car garages, a highly sought-after amenity in the submarket
  • Unit enhancements and community upgrades will provide new ownership with a true value-add opportunity
  • Each property sits within an award-winning school district, a coveted amenity for young families
  • Both Sorrento Village and Rolling Fork Village are located in close proximity to Houston's major employment, retail, and entertainment attractions
  • Extremely strong metro demographic profile, where the population has increased by 17% and average household income by 24% since 2010
  • Quick and convenient access to major highways, connecting residents to all points of the Houston MSA within minutes

Investment Overview

Marcus & Millichap and IPA are pleased to exclusively market for sale the Houston Townhome Portfolio, a two-property, 55-unit townhome-style multifamily portfolio offering in Houston, Texas. Rolling Fork Village, a 24-unit community built in 2005, is located at the intersection of Windfern Rd. and Rodney Ray Boulevard in Northwest Houston. Sorrento Village, a 31-unit community build in 2010, is located at 5600 Alvin a Klein Dr. in Spring, a suburb of North Houston. Both properties offer a unique unit mix with large average unit sizes and two-car garages just minutes from Houston's major employment, retail, and entertainment attractions. Unit interiors include white appliances, faux-wood flooring (tile in wet areas), resurfaced countertops, and brushed nickel hardware. Situated within two sought-after Houston School districts, both Rolling Fork Village and Sorrento Village offer residents an unbeatable quality of life with easy access to all points of the Houston MSA.

Exclusively Listed By

Financing By

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