Overview
Hudson and Crosby at Westchase comprise a two-property offering totaling 569 units. The adjacent communities share a common boundary, creating operational efficiencies and a cohesive footprint.
Both assets present significant value-add potential and are being offered at more than 30% below peak pricing, providing an opportunity for a new owner to establish a basis well below that of many competing properties.
Investment Highlights
• AMI within a 1-mile radius is over $60,000
• Prime Westchase Infill Location
• Demonstrated Value-Add Through Renovations
• Operational Efficiency from Adjacent Assets
• Strong Employment & Demand Drivers
• Potential Property Tax Reduction Opportunity
• Attractive Basis vs. Replacement Cost
• Below-Market Rents with Immediate Upside
• Attractive Basis vs. Replacement Cost
• Additional Income via Washer/Dryer Installation
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