ADDITIONAL UNIT

Unit above the office could be converted into a unit.

LONG-TERM OWNERSHIP

The property has been held by the same ownership for over 10+ years, creating a rare opportunity for a new investor to implement a full operational and physical repositioning.

HIGHLY DESIRABLE SPRING BRANCH LOCATION

Located in a premier Spring Branch submarket, adjacent to the Memorial Villages, an area experiencing significant redevelopment and strong renter demand, positioning the asset for continued long-term growth.

COMPELLING VALUE-ADD PROFILE

The property is ideally suited for a “fresh makeover,” with upside available through interior unit renovations, exterior capital improvements, and overall asset repositioning.

RUBS OPTIMIZATION

Immediate NOI upside through improved RUBS implementation and utility cost recovery.

BELOW-MARKET RENTS WITH IMMEDIATE UPSIDE

In-place rents are estimated to be $100–$150 belowmarket, providing clear upside through improved management, unit upgrades, and amenity additions.

SIGNIFICANT LAUNDRY & W/D UPSIDE

1 units with washer/dryer connections

8 units with in-unit washer/dryers

FRONTAGE ROAD EXPOSURE & FUTURE LAND VALUE

Located along a major frontage road in Spring Branch, supporting long-term land value appreciation as the corridor continues to evolve.

CLEAN INSURANCE HISTORY

Insurance loss runs have been clean for the past five years, mitigating operational risk and enhancing lender and investor confidence.