Cash Flowing Investment Opportunity.
YEAR BUILT
AVG PORTFOLIO
OCCUPANCY
PURCHASE PRICE
PORTFOLIO
AVG MARKET
RENT
EQUITY
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
Units
Occupied
AVG. MKT RENT (UNIT)
Construction
AVG. UNIT SIZE
AVG MKT RENT (SF)
UNITS
OCCUPIED
AVG. MKT RENT (UNIT)
CONSTRUCTION
AVG. UNIT SIZE
AVG MKT RENT (SF)
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
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
UNITS
OCCUPIED
AVG. MKT RENT (UNIT)
CONSTRUCTION
AVG. UNIT SIZE
AVG MKT RENT (SF)
UNITS
OCCUPIED
AVG. MKT RENT (UNIT)
CONSTRUCTION
AVG. UNIT SIZE
AVG MKT RENT (SF)
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
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.
Hundreds of deals come across our desk on a consistent basis. With our strict underwriting guidelines, we see 1-2 great deals to execute on every 100.
Generally, we focus on more high value-add plays, but sometimes we come across more stabilized deals that have.
Can we increase the NOI which will bring up the value of the asset? For example, current rents are below market rents due to unit quality, Can we rehab the units and increase rents?
Brokers love to provide buyers with financial projections (proformas) as if they were today’s numbers. We verify, and base our analysis and offer on ACTUALS.
We dive deep into the deals submarket to understand the rent trends
After all of the aforementioned, we come up with Maximum Allowable Offer (MAO), which is the maximum amount we can pay to acquire the deal.