JD Huston
121-Unit Multifamily Value-Add Opportunity
Marketing description
121-unit multifamily value-add opportunity in Houston, Texas, offered at an attractive sub-$50K/unit basis. This is a basis-driven turnaround investment with upside through continued lease-up, restoration, interior finish enhancement, and operational stabilization.
The current offering is best suited for an experienced multifamily operator seeking scale in Houston with multiple avenues to create value. The available diligence package includes current rent roll, T-12, P&L, interior photos, DBI fire-loss estimate, and contractor restoration proposal, providing buyers with meaningful support for underwriting and execution planning.
Investment highlights
121-unit multifamily asset
Houston, Texas
Offered at $5.985M
Only ~$49.5K per unit
Attractive reset basis
Significant upside through restoration, lease-up, and operational stabilization
Interior upgrade story supported by current photo package
Best fit for experienced value-add / turnaround multifamily operators
Diligence package available, including:
- OM
- Current rent roll
- T-12 / P&L
- Interior photos
- DBI fire-loss estimate
- Contractor restoration proposal
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