Overview
Greysteel Texas is pleased to present the exclusive listing of The Willows, a 346-unit value-add community in Houston, Texas. The property is located in Southwest Houston, minutes from Downtown, NRG Stadium, and affluent neighborhoods. Ownership has owned the property for over 20 years, offering upside, which includes an estimated $150,000 in potential water savings through a water conservation program.
Aerial Property Video
Investment Highlights
Opportunity
346-unit asset less than 30 minutes from Downtown Houston and minutes from major employment, including Texas Medical Center, NRG Stadium, and more.
Long-Term Institutional Ownership
Owned for over 20 years, well maintained, and offering rare value-add opportunities, with units being mostly in classic conditions. Current ownership is a national affordable housing operator that has attempted to keep rents affordable.
Savings
$150,000 in projected water conservation savings, and offering potential Green Agency Financing.
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