RENWICK APARTMENTS
Multifamily | 64 Units
Marketing description
Renwick Apartments is a 1963 vintage, 64 unit, garden-style apartment community located in southwest Houston. The property was renovated in 2020 and a new chiller was installed in 2024. The property is an All Bills Paid property.
Residents enjoy amenities such as ceiling fans and kitchens with pantries. Other amenities include a breakfast bar in select units, cable ready, central air and heat, mini blinds, refrigerator and tile floors in select units.
Currently there is no onsite laundry room, however; there is plenty of room to add a 4 to 5 washer/dryer setup in the storage closet next to the boiler room. There is a stand alone office onsite that can be converted in an incoming producing unit. Currently there is 1 full time maintenance worker onsite, however; there is no onsite management/leasing employee.
Renwick Apartments is within 6 minutes or 2.4 miles from Houston Christian University. It is also near Houston Baptist University and The Art Institute of Houston.
Investment highlights
Capex completed from 2022 to current totaling $880,000.
1)Resurfaced asphalt parking lots and restriped
2)Exterior carpentry and exterior paint complete
3)Installed fencing as needed for site control
4)Completely replaced Chiller and heater core and repaired chiller plumbing system as needed as well as blower motors in all units
5)Renovated laundry room
6)Re-landscaped property as needed
7)Replaced all water heaters on property
8)Repaired all structural stairways and walkways as needed
9)All C of H occupancy and habitability issues cleared
10)Renovated the leasing office
11)Installed property wide Wi-Fi for resident use
12)Renovated 51/64 units including
New vinyl and ceramic flooring
New shower walls and tubs
New cabinet doors and paint
New or resurfaced countertops
New fit and fixtures
New toilets
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