250 Unit Apt Community Investment in Houston, TX for Accredited Investors
Hi everyone,
After underwriting hundreds of multifamily deals for the last two years I have finally found a deal that I love. And I'm looking for a small # of accredited investors to invest in it. My company is investing in the deal as well because I believe in it so much.
Some highlights:
- it's in a top school district in Houston
- our local mgmt partner has a VERY impressive track record of implementing this same biz model
- it was built in 2000 and has been institutionally owned so it's well taken care of however there is a lot of upside opportunity by upgrading units and increasing rents. In fact, 32 of the 250 units have already been upgraded and achieved our projected rents.
We have it under contract and are scheduled to close in about a month. If you're interested in learning more please send me a message.
Joe
