262-Unit Off-Market Deal in Houston
Price$17,000,000
Units262
Investment Highlights
Houston, TX 262 Unit Value-Add Multifamily Class C garden-style community 1970s vintage (80×1BR, 174×2BR, 8×3BR) 830 SF avg unit size and $950 avg rents. Currently 80% occupied, strong value-add upside through lease-up and interior upgrades. assumable Fannie Mae debt ($10.2M @ 4.5%, due Jan 2029) in place. Asking: $17M (~$64,900/unit)
Location
📍 Houston
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
