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Investing in real estate is a great way to build wealth, but it can be challenging to find the right opportunity. In this webinar, Jay will discuss an amazing passive income opportunity, Spring Branch. It is an Outstanding Value-Add Opportunity that has Strong Submarket And Property Performance Attractive To Investors In Houston, Texas. Jay will describe the project and its location in Texas. He will also discuss why this is such a promising investment opportunity.
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Returns on investment
About portfolio
Investment Highlights
About Houston submarket
Why invest in Spring Branch
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
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Occupied
AVG. MKT RENT (UNIT)
Construction
AVG. UNIT SIZE
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OCCUPIED
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CONSTRUCTION
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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
Jay R. Gajavelli is the Founder and CEO of Applesway Investment Group. Jay has Bachelor’s and Master’s degrees in Engineering. Born and raised in India, Jay moved to the US 20 years ago as Computer Consultant and worked for many reputed firms like Ford, GM, Department of Defense (DoD), Caterpillar, AT&T, Koch, etc. in the US corporate sector for more than 16 years. Jay received “Security Clearance” at “Secret Level” from the Department of Defense(DoD) while working on a project with DoD. Jay has 10+ years of experience in running an IT Consulting Company. Jay acquired 8,000+ units of Multifamily Apartments with a market value of $800 M+ so far.
Jay became a US citizen in 2007. He has a passion to build win/win long-term relationships with sellers, brokers, and realtors in the multifamily industry. His hobbies include Reading, Music, and Yoga. The causes he cares about: Children, Environment, and Disaster & Humanitarian Relief. The Organizations he supports: American Red Cross, United Way Worldwide, Make-A-Wish America, World Vision, Chair The Love, Anthony Robbins Foundation, and Joel Osteen/Lakewood Church