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9200 Bissonnet St
Houston, TX 77074
Williamstown Apartments
Asset Class
Multifamily
# Units: 272
Year Built: 1978
Occupancy: 98.5%
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A Multifamily Investment Opportunity with Value-Add Potential in Southwest Houston, Texas
Overview
Opportunity to acquire a Class “C” value-add property at a substantial discount to peak pricing
10+ Years of Continuous Ownership
Georgian brick two-story construction with the potential to be a leading asset in the submarket
Washer Dryer connections in majority of units with the potential to add connections to the remaining units
No new properties recently delivered, under construction or proposed in the submarket
Great visibility on Bissonnet just east of HWY 59 with no immediate neighboring properties
Rental Rates for Class ‘B” assets in the submarket average $1.48 per square foot and are up 3.6% over the last 6 months
Motivated Seller
Available “All Cash”
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9200 Bissonnet St
Houston, TX 77074
Sales Team
Edward Cummins
Senior Vice President
(713) 272-1288
ed.cummins@transwestern.com
Garret West
Associate
(832) 477-8160
garret.west@transwestern.com
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Revere CRE