🏢 Off-MARKET DEAL: 711-Unit Stabilized Asset | Houston MSA

[Jaratt Mullaney]

🏢 OFF-MARKET DEAL 2: 711-Unit Stabilized Asset | Houston MSA
💰 $50M+ Offers Considered | ~6.7% Cap Rate | 92% Occupied

Asset Type: Garden-Style Multifamily
Vintage: 1960s (recent renovations — no plumbing replacement needed)
Location: Infill Houston submarket with strong rental demand

🔑 Investment Highlights:

• ✅ Stabilized In-Place Cash Flow from high occupancy

• 🔧 Interior Value-Add Potential: Many units still unrenovated

• 🏊‍♂️ Amenities Galore: 7 Pools, Clubhouse, Fitness Center, Gated Access, Courtyards

• 🔁 Flexible Leasing (2–12 months) — boosts tenant retention + diverse mix

• 📈 Long-Term NOI Scaling via rent growth + operational efficiency

🧾 Financials & Terms:

• Financing: Cash Only (No Seller Financing / No Assumable Debt)

• Documents Available: T-12, Rent Roll, and Full Investor Deck — POF Required

🌟 Market Fundamentals:

• Workforce housing in one of the most recession-resistant metros in the U.S.

• Strong demand drivers + proven operational upside

🛑 Strictly Off-Market | No Circumvention Permitted
📩 DM or email directly with verified proof of funds to access financials or schedule a walk-through.