NEW PASSIVE INVESTMENT OPPORTUNITY
Cash Flowing Investment Opportunity.
- $204 MM Purchase Price
- 1,623 Units
- $53 MM EQUITY
- 21.60% Target IRR
- 147.40% Target Total Returns in 3 - 5 Years
- 29.46% Avg. Annual Returns
- Passive Income & Legacy to Your Family
- Create Generational Wealth
Spring Branch Portfolio Investment Details
94%
AVG PORTFOLIO OCCUPANCY$53 MM
EQUITY$1,171
AVG MARKET RENT1,623
UNITS PORTFOLIO1982
YEAR BUILT$204 MM
PURCHASE PRICEInvestment Highlights
3 CORNERS EAST:
Well maintained asset with nearly $600k in capex spent by current ownership Impressive Property Performance and Lease Trade-Outs
Rent and occupancy figures have grown by 5.5% and 3.5%, respectively, over 2021
The property has seen blended lease trade-out growth of over 10.5% on the past 15 leases at the property Attractive Spring Branch ISD Zoning
Spring Branch ISD given overall school rating of A according to Niche.com
Consistently ranks among the best public schools in the Houston Metro
327
Units
95%
Occupied
$1,366
AVG. MKT RENT (UNIT)
1979
Construction
923
AVG. UNIT SIZE
$1.48
AVG MKT RENT (SF)
387
UNITS
94%
OCCUPIED
$1,132
AVG. MKT RENT (UNIT)
1982
CONSTRUCTION
704
AVG. UNIT SIZE
$1.61
AVG MKT RENT (SF)
3 CORNERS NORTH
Well maintained asset with over $1.0mm in capex spent by current Ownership Impressive Property Performance and Lease Trade-Outs
Rent and occupancy figures have grown nearly 8.0% and 3.5%, respectively, throughout the second half of 2021
Property performance has increased dramatically throughout 2021 and blended lease trade-outs of over 9.5% on the last 15 leases Attractive Spring Branch ISD Zoning
Spring Branch ISD given overall school rating of A according to Niche.com
Consistently ranks among the best public schools in the Houston Metro
3 CORNERS WEST
Well maintained asset with over $1.5mm in capex spent by current ownership Impressive Property Performance and Lease Trade-Outs
Occupancy and total rental income have grown over 6.5% and nearly 15%, respectively, over the second half of 2021
The property has seen blended lease trade-out growth of over 13% on the past 15 leases at the property Attractive Spring Branch ISD Zoning
Spring Branch ISD given overall school rating of A according to Niche.com
Consistently ranks among the best public schools in the Houston Metro
389
UNITS
96%
OCCUPIED
$1,132
AVG. MKT RENT (UNIT)
1970
CONSTRUCTION
890
AVG. UNIT SIZE
$1.27
AVG MKT RENT (SF)
520
UNITS
94%
OCCUPIED
$1,052
AVG. MKT RENT (UNIT)
1980 & 1983
CONSTRUCTION
732
AVG. UNIT SIZE
$1.44
AVG MKT RENT (SF)
HAMMERLY OAKS
Well maintained asset with nearly $2.7mm in capex spent by current Ownership Excellent Property Performance
Rent and occupancy figures have grown nearly 5.5% and 8.0%, respectively, throughout 2021
Lease trade-outs have shown positive growth momentum with last 10 blended new and renewal leases exceeding 13.5% Attractive Spring Branch ISD Zoning
Spring Branch ISD given overall school rating of A according to Niche.com
Consistently ranks among the best public schools in the Houston Metro
★ 506(c) offering For Accredited Investors Only ★
Take A TOur
3 Corners East
3 Corners West
3 Corners North
Hammerly Oaks Apartments
Take A TOur
We Are Multifamily Investment Professionals
EXPERIENCED SPONSORSHIP TEAM
LEADERSHIP WITH PROVEN TRACK RECORD
CONSERVATIVE
We are a team of opportunistic investors focused on creating long-term wealth. We leverage our deals and we carefully create sustainable cash flow and limit risk.
DILIGENT
WHY SPRING BRANCH PORTFOLIO
- Outstanding Value-Add Opportunity
- Strong Submarket and Property Performance
- Attractive Suburban Location
- Zoned to Acclaimed Cy-Fair ISD Schools
- Direct Access to Major Thoroughfares
- Proximity to Employment and Retail Centers
- Affluent Surrounding Demographics
