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21636000

2710 Paul Quinn Street, Houston, TX 77091

TK
TX 571786
Compass RE Texas
Listed by Compass RE Texas
$4,598,000
491 days on market
Updated 26 days ago
Opportunity zone

Elyisum at Paul Quinn 14 New Homes

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 25,000
Net Rentable (SqFt) 25,000
Units 14
Cap Rate 5.50%
Pro-Forma Cap Rate 5.50%
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 14
Stories 2
Zoning Residential
Investment Type Institutional
Ownership Full Ownership
Sale Condition For sale by owner

🏡 14 New Homes in Houston – Turnkey Rental Portfolio with 6.8% Cap Rate & Immediate Cash Flow! 🚀

Marketing description

Investment Opportunity – Elysium at Paul Quinn

📍 Houston, TX | 14-Home Portfolio | Offered at $4,598,000 | 5.4% Cap Rate

Institutional-Quality Rental Portfolio in One of Houston’s Fastest-Growing Submarkets

Elysium at Paul Quinn presents a rare opportunity to acquire a newly constructed 14-home rental portfolio designed for long-term cash flow, low maintenance ownership, and future appreciation. Located in a rapidly developing Houston corridor, this portfolio offers investors immediate income potential with stabilized rental performance and professionally designed housing product.

Portfolio Overview

  • Community: Elysium at Paul Quinn – Houston, Texas
  • Total Homes: 14 Single-Family Residences
  • Average Price Per Home: $328,429
  • Total Portfolio Price: $4,598,000
  • Home Configuration: 3 Bedrooms | 2.5 Bathrooms
  • Estimated Rental Rates: $2,250–$2,300 per month
  • Projected Monthly Revenue: $32,050
  • Projected Annual Revenue: $384,600
  • Tax Rate: 2.2%

Financial Overview

Revenue

  • Total Monthly Rental Income: $32,050
  • Projected Annual Gross Income: $384,600

Monthly Operating Expenses

  • Property Taxes: $7,700/month
  • Insurance: $2,100/month
  • HOA: $1,400/month
  • Total Monthly Expenses: $11,200/month

Net Operating Income

  • Projected Monthly NOI: $20,850
  • Projected Annual NOI: $250,200

Investment Metrics

  • Portfolio Cap Rate: 5.4%
  • Estimated Average Rent Per Unit: Approximately $2,289/month

Investment Highlights

  • New Construction Portfolio
  • Modern, energy-efficient homes designed to minimize maintenance and operating costs.
  • Stabilized Rental Product
  • Strong projected rents in an area experiencing continued population and rental demand growth.
  • Bulk Portfolio Acquisition
  • Ability to acquire all 14 homes in a single transaction with operational efficiencies and scale.
  • Long-Term Appreciation Potential
  • Positioned within a rapidly developing Houston submarket with strong future upside.
  • Turnkey Investment Opportunity
  • Ideal for private equity groups, family offices, 1031 exchange buyers, and long-term hold investors.
  • Low-Maintenance Asset Class
  • New construction reduces near-term capital expenditures and repair exposure.

Why Houston?

  • One of the fastest-growing metropolitan areas in the United States
  • Continued population migration and job growth
  • Strong demand for attainable rental housing
  • Favorable landlord environment
  • No state income tax
  • Expanding infrastructure and economic development throughout Houston’s urban core

Community Features

  • Brand-new construction homes
  • Contemporary floor plans with functional layouts
  • Energy-efficient systems and materials
  • Professionally maintained HOA community
  • Convenient access to major freeways, employment centers, retail, and schools

Investment Summary

Elysium at Paul Quinn delivers a compelling blend of immediate cash flow, scalable portfolio acquisition, and long-term appreciation potential in one of Houston’s most active growth corridors. With strong projected income, new construction advantages, and institutional-quality product, this portfolio represents a strategic opportunity for investors seeking stable residential rental assets.

Contact Information

Bruno

📞 (281) 986-9003

Investment highlights

Investment Opportunity – Elysium at Paul Quinn

📍 Houston, TX | 14-Home Portfolio | Offered at $4,598,000 | 5.4% Cap Rate

Institutional-Quality Rental Portfolio in One of Houston’s Fastest-Growing Submarkets

Elysium at Paul Quinn presents a rare opportunity to acquire a newly constructed 14-home rental portfolio designed for long-term cash flow, low maintenance ownership, and future appreciation. Located in a rapidly developing Houston corridor, this portfolio offers investors immediate income potential with stabilized rental performance and professionally designed housing product.

Portfolio Overview

  • Community: Elysium at Paul Quinn – Houston, Texas
  • Total Homes: 14 Single-Family Residences
  • Average Price Per Home: $328,429
  • Total Portfolio Price: $4,598,000
  • Home Configuration: 3 Bedrooms | 2.5 Bathrooms
  • Estimated Rental Rates: $2,250–$2,300 per month
  • Projected Monthly Revenue: $32,050
  • Projected Annual Revenue: $384,600
  • Tax Rate: 2.2%

Financial Overview

Revenue

  • Total Monthly Rental Income: $32,050
  • Projected Annual Gross Income: $384,600

Monthly Operating Expenses

  • Property Taxes: $7,700/month
  • Insurance: $2,100/month
  • HOA: $1,400/month
  • Total Monthly Expenses: $11,200/month

Net Operating Income

  • Projected Monthly NOI: $20,850
  • Projected Annual NOI: $250,200

Investment Metrics

  • Portfolio Cap Rate: 5.4%
  • Estimated Average Rent Per Unit: Approximately $2,289/month

Investment Highlights

  • New Construction Portfolio
  • Modern, energy-efficient homes designed to minimize maintenance and operating costs.
  • Stabilized Rental Product
  • Strong projected rents in an area experiencing continued population and rental demand growth.
  • Bulk Portfolio Acquisition
  • Ability to acquire all 14 homes in a single transaction with operational efficiencies and scale.
  • Long-Term Appreciation Potential
  • Positioned within a rapidly developing Houston submarket with strong future upside.
  • Turnkey Investment Opportunity
  • Ideal for private equity groups, family offices, 1031 exchange buyers, and long-term hold investors.
  • Low-Maintenance Asset Class
  • New construction reduces near-term capital expenditures and repair exposure.

Why Houston?

  • One of the fastest-growing metropolitan areas in the United States
  • Continued population migration and job growth
  • Strong demand for attainable rental housing
  • Favorable landlord environment
  • No state income tax
  • Expanding infrastructure and economic development throughout Houston’s urban core

Community Features

  • Brand-new construction homes
  • Contemporary floor plans with functional layouts
  • Energy-efficient systems and materials
  • Professionally maintained HOA community
  • Convenient access to major freeways, employment centers, retail, and schools

Investment Summary

Elysium at Paul Quinn delivers a compelling blend of immediate cash flow, scalable portfolio acquisition, and long-term appreciation potential in one of Houston’s most active growth corridors. With strong projected income, new construction advantages, and institutional-quality product, this portfolio represents a strategic opportunity for investors seeking stable residential rental assets.

Contact Information

Bruno

📞 (281) 986-9003

📧 [email protected]

Listing Contacts

TK
TX 571786
Compass RE Texas
Listed by Compass RE Texas

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Additional Information

Name
Bruno Rodriguez
License
#713067
Brokerage
Compass
Title
Broker of Record
Name
Thai Klam
License
571786
Brokerage
Compass
Title
Broker Associate | Team Leader
Brokerage Address
4200 Westheimer
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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