Manchester Heights
Come and see this outstanding gated stabilized multifamily development in Whitehouse, Tx.
Marketing description
Manchester Heights-Turnkey Luxury Living in the Heart of Whitehouse
Strategically positioned along FM 346 just west of downtown Whitehouse, Manchester Heights offers a rare blend of location, quality construction, and strong investment fundamentals. Completed in 2022, this gated multifamily community is only 2 miles from top-rated Whitehouse ISD schools and less than 10 miles from The University of Texas, Tyler and Tyler Junior College making it ideal for families, students and professionals alike.
Boasting over 95% occupancy, Manchester Heights is a stabilized, turnkey investment opportunity in a high-income, high-demand area. Residents enjoy luxurious finishes including custom cabinetry, granite countertops, stainless steel appliances, recessed lighting, and durable plank flooring. Each unit also features a garage and private fenced patio, elevating the lifestyle experience.
With solid neighborhood demographics and strong leasing momentum, Manchester Heights offers immediate cash flow with additional upside potential. Value-add opportunities include increasing revenue through monthly pet rent, washer/dryer rentals, and other ancillary income streams.
Whether you’re looking to invest in a high-performing asset or live in refined comfort close to it all, Manchester Heights delivers.
Investment highlights
Convenient Location and Accessibility Along FM 346
Located on FM 346 puts Manchester on one of the fastest growing corridors in East Texas. This property is located less than two miles from Whithouse schools and less than ten miles from Tyler Junior College and The University of Texas in Tyler.
Strong Demographics and Market Fundamentals
The Median household income within a one mile radius of the property is over $87,000. Rental rates in the Tyler Market have posted an annual 3% gain over the last few years.
Turn Key Investment
Manchester Heights has maintained an average occupancy rate of over 94%. This gated community offers two and three bedroom homes with luxurious finishes including custom cabinetry, granite countertops, stainless appliances, recessed lighting, plank flooring, utility room, two-car garage, and private fenced patios.
Stabilized Property with Upside Potential
Manchester Height offers substantial opportunities to generate additional income and value through pet fees and rent, mont to month fees, washer/dryer rental, and leasing fees.
Premiere School District
Manchester Heights is zoned in the highly desired Whitehouse ISD and located two miles from local schools. Tyler offers higher level education up to a Doctorate in Medicine.
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