Excellent turnkey property with great amenities and outstanding location!
Property is within close proximity to University of Houston Main Campus,  the third-largest university in Texas with nearly 43,000 students; downtown Houston, a Medical Center, and NRG Park (Home to the Houston’s Texans) among others. The apartments are conveniently positioned near major freeway system. The immediate area surrounding the property has experienced close to a 10% yearly population growth since 2010, representing an excellent opportunity for property owners in this area.

Current ownership has upgraded all exterior amenities and most of the units inside with upper end/luxury materials: vinyl flooring, granite counter tops, upscale paint finishes, etc. It also has a Laundry Room which represents another source of income. A brand new playground was built inside the gated community which welcomes families and children! Property has a built-in leasing office that facilitates management of the property!
Buyer will have to assume existing loan at 4.2% interest 10yr fix 30yr term.