We recently acquired Augusta Court in Houston, TX

We recently acquired Augusta Court in Houston, TX

Ashley WilsonPro Member
Rental Property Investor · Radnor, PA · Member since 2015 · 178 posts · 125 votes

Investment Info:

Large multi-family (5+ units) commercial investment investment in Houston.

150+ value-add property in the Galleria of Houston

What made you interested in investing in this type of deal?

The location is incredible!!

How did you find this deal and how did you negotiate it?

We received it from a broker.

How did you finance this deal?

Freddie loan, and syndicate with a 506(c) offering

How did you add value to the deal?

We haven't yet, stay tuned!

What was the outcome?

Stay tuned!

Lessons learned? Challenges?

Too many to write here already!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Mark Rios from TriSource is incredible!

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  • Syndicator of Large Apartment Buildings · Glen Mills, PA · Member since 2009 · 1k+ posts · 1k+ votes
    5y

    @Ashley Wilson great job!!

  • Ashley WilsonPro Member
    OP
    Rental Property Investor · Radnor, PA · Member since 2015 · 178 posts · 125 votes
    5y

    Thank you @Brian Adams!! You have always been such an amazing supportive friend to me. I know we will get to work together one of these days (hopefully soon!!)  

  • Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
    5y

    Congrats.  I was sent Agusta Court quite a few times.  By Transwestern in Feb, then a few independent guys in April.  Glad you were able to make it work. 

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