Overview
Transwestern’s Houston Multifamily Investment Sales Team is pleased to present Boardwalk Village, a 203-unit Class A horizontal community built in 2025 and currently in lease-up. Located in Conroe along the rapidly growing north Houston corridor, the property offers immediate access to The Woodlands and the Houston MSA via Interstate 45. Developed by an experienced, fully integrated merchant-builder, the community delivers high-quality construction and long-term appeal.
Boardwalk Village offers one-, two-, and three-bedroom floor plans averaging 845 square feet and a best-in-class amenity package, including a resort-style pool, modern fitness center, and contemporary clubhouse. Strong early demand positions the asset to exceed 50% occupancy and achieve at least 70% preleasing by the end of Q1 2026.
This offering provides investors a rare opportunity to acquire a premier, well-located asset in a high-growth submarket with clear value-creation potential post-stabilization.
Investment Highlights
- Brand-New Class A Construction: With lease-up begining in May of 2025, Boardwalk Village delivers a premier living experience with modern finishes, energy-efficient systems, and resort-style amenities. With fewer than 120 units expected over the next two years and no new projects proposed, it sets the standard for luxury in the Conroe submarket.
- Strategic Location with Exceptional Connectivity: Located on South Loop 336 West, the property offers direct access to I-45, The Woodlands, and Lake Conroe, placing residents near major employers and lifestyle destinations. Its central position attracts renters seeking quality housing amid strong population and job growth north of Houston.
- Strong Barriers to Entry: Conroe faces tighter density limits, infrastructure constraints, and rising development costs, making new supply difficult. Boardwalk benefits from grandfathered higher density and unique design features, enhancing its value and competitive position in a market with limited future development.
- Strong Market Fundamentals and Population Growth: The Conroe submarket is projected to grow 21.5% from 2024–2029, supported by a median household income over $78,000 within one mile. Proximity to The Woodlands and expanding employment hubs ensures sustained rental demand and absorption.
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