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Attributes
Year Built | 2009 |
Building Area |
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Land Area |
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Number of units | 302 |
Property Description
Amberjack Estates is Class A multi-housing asset with 302 units in the best-performing suburban submarket in Houston, Texas. Completed in 2009, the low-density, garden-style community was fully modernized and updated to today’s top-of-the-market standards in 2018.
The community is perfectly designed and located to appeal to high-income renters, and it is primed for rent growth and long-term value creation under new ownership. Amberjack Estates is available at an attractive basis to replacement cost and on an All Cash basis.
Investment Highlights
- Best-in-class asset designed for premium rents and returns
- Value-creation opportunities to increase rents and income
- Zoned to #1 elementary school in Houston
- Positioned in #1 submarket in Houston for housing demand
- Excellent area demographics support Class A rents
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