Living / Multi-housing

301 Postoffice

301 Post Office St Houston, Texas United States 77550-5614
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2000
Building Area Net

Asset Description

  • ​Long term, consistent cash flow asset
  • ​Attractive basis well below replacement cost



Investment Highlights


  • ​Ability to create value by converting units to market rate
  • ​Solid demand drivers and demographics to support student, workforce and market rate housing
  • ​Significant opportunity to boost NOI and returns by stabilizing property and adding income streams
  • ​Tremendous rent growth potential with market rents currently $150+ below market rate competitors
Last Updated Date: 21 Feb 2022

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Last Updated Date: 21 Feb 2022

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