Exceptional Location/Demand Drivers
- The property is located in the 77005 zip code, within the heart of West University, Southside, and Southampton — some of Houston’s most desirable inner-loop residential enclaves.
- It is situated just blocks from Rice Village, a walkable and established retail and dining district that offers tenants access to a wide range of boutiques, restaurants, cafés, and services.
- Weslayan Plaza, located just minutes from the property, adds daily-use retail convenience with anchor tenants such as Randalls, CVS, and Starbucks.
- The property offers convenient access to the Texas Medical Center, Downtown Houston, and The Galleria, all within a 15 to 20-minute drive, making it highly appealing for sophisticated working professionals.
Unique Asset in a Limited Supply Submarket
- The property consists of 16 garden-style units built in 1957, with a classic brick exterior and functional unit layouts that continue to attract stable, long-term tenants.
- The property is fully occupied and features updated interiors, including new flooring, appliances, washer/dryers, and lighting fixtures.
- It is one of only four multifamily properties in the 77005 zip code that is between 10-125 units, making it a rare and highly sought-after asset in a low-density residential area.
- Its manageable size makes it ideal for private investors looking for a balance of scalability and control without institutional-level complexity.