Property History
Partners Multifamily team is proud to offer the exclusive sale of Courtyard Apartments located on 301 Avenue H in Van Vleck, TX. This is a prime investment opportunity that consists of 11 units, of those units, 9 are 1 bed/1 bath, & 2 are 2 bed/1.5 bath. This property comes turnkey with possibility of light renovations, fully furnished & boasts privately fenced community with appliances, central air, and tiled floors. Courtyard Apartments provides a substantial cash flow and return premium compared to other multifamily properties found on the market. Centrally located in Van Vleck between Bay City and Sweeny, located just a minute away is the Tenaris Bay City plant, and about 10 minutes away from Phillips 66 Sweeny refinery, which employ thousands of employees. This steady supply of plant and refinery workers receive $350-$500/weekly housing stipends providing steady demand year round. This property provides both weekly/monthly rental agreements that keeps the occupancy at around 100%. Courtyard Apartments will continue to benefit from Matagorda County's continuous economic development as the city rides the wave of job creation and local workforce
Proximity to refineries - Tenaris & Phillips 66
Fully Occupied and fully furnished
Allows flexibility of weekly and monthly rental agreements
Renter-Heavy Market
Strong In-Place Cash Flow
Tenants Receive Housing Stipend from Employer-$350-$500/Weekly
Loan History
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