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|Building Area Gross||
|Number of units||204|
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the unique opportunity to purchase a fee-simple interest in Alta Washington (the “Property” or the “Asset”), a 204-unit podium apartment complex at the doorstep of Memorial Park, one of the largest urban parks in the United States. The Property features six three-story townhomes in a standalone building across the street from the main building. This trophy Asset is irreplaceably located in one of Houston’s most vibrant and happening districts - Washington Avenue/Lower Heights Corridor - with city-leading submarket fundamentals. This prime location on Washington Avenue just south of Interstate-10 puts the Property in walkable distance to numerous restaurants, popular bars, and neighborhood grocery stores. Alta Washington’s exceptional quality, park accessibility, and highly-walkable location presents a one-of-a-kind opportunity to invest in one of Houston’s best residential addresses. Exceptional rent growth momentum throughout Houston, coupled with an influx of residents and world-renowned employers, has created an opportunity for investors to capitalize on the tremendous rent growth occurring in Urban Houston and at Alta Washington.
- Lightning Speed Lease-Up, Currently at 98% Leased
- Highly-Rated, New-Construction Product
- Featuring 6 Unique Townhome Floorplans
- Unparalleled Accessibility to Houston’s Major Roads / Highways
- Surrounded by Houston’s Top Employment Centers
- Optimally Located Between Houston’s Most Coveted Urban Parks & Trails
- Walkable Within Houston’s Vibrant Washington Corridor
- Center of Gravity for Houston’s Hottest New Retail Concepts
- Affluent and Educated Surrounding Demographics
- Heights/Washington Ave: A Top-Ranked Urban Submarket