212 MF Units
Sponsors / General Partners
Class A asset, high occupancy. The business plan includes optimization of current amenities, smart technology package implementation, and rent outdoor community areas improvements.
Location: Houston, TX
Property type: MF
# Units: 212
Year build: 2010
Going in CAP rate: 4.30%
Rehab Budget: 1.2M
CoC: 8%
IRR: 16%
EM: 1.8