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Houston Value-Add Office Building & College Station Student Housing Opportunities--Texas
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Investment Highlights
• Value Add Opportunity
• Quality Construction
• Core Location In Submarket
• Growing Economy
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The current occupancy of 1002 Gemini and tightening local market provides an investor with clear path towards increasing rents. Our research shows, rents of competing office assets in
the market are experiencing higher rent psf w/ minimal upgrades. Comparable properties both directly across El Camino and next door are renovated office properties with rents ranging from $20- $27 psf.¦Asking $3.7M¦
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Investment Highlights
• Fox Meadows is a Beautiful class A quality build student housing
• Large tract of land located less than 1.5 miles from Texas A&M main campus
• Walking distance to major retailers including HEB, Target, Starbucks, Chase Bank, and Wal-Mart
• Large 3 and 4 bed rooms unit from 1,300 sq. ft. to 1,700 sq. ft.
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•Strategic Location. Located near Texas A & M University campus, which boasts an enrollment of over 68,625 students. • Attractive Assets. Built as class “A” student housing, Fox Meadows and Midtown sit on large tracts of land (2.51 acres $ 3.6 acres, respectively.) Fox Meadows offers three bedroom, two bath (1,300 SF) units, & Midtown offers four bedroom, three bath (1,700 SF) units. ¦Asking $3.3¦
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Investment Highlights
• Midtown is an Attractive value– value add opportunity with strategic cosmetic improvements
• Below market rent - average $180/bed
• Walking distance to major retailers including HEB, Target, Starbucks, Chase Bank, and Wal-Mart
• Beautiful class A quality build student housing
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•Strong Value Add Opportunity: Strategic cosmetic improvements and other repositioning effects may leverage below-market rents of $60/bed or $180/unit.
•Local Amenities. The properties are in close proximity to grocery stores, banks, parks, dining and entertainment. ¦Asking $9.2M¦
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Investment Highlights
• Woodsman is a 3 bedroom / 2 bathroom 1250 sq. ft. fourplex
• Bigger than some of the 4 bedroom places in town
• Open floorplan with extra wide kitchen, and plenty of cabinets, drawers and countertop space
• Large bedrooms with huge wall-to-wall 12.5 ft. closets among other amenities
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College Station, home to Texas A&M, is located in the heart of central Texas within a three-hour drive of five of the nation’s 20 largest cities. The city’s population has grown by 14% since 2010, & is expected to increase another 8% over the next five years. A network of well-maintained highways & a regional airport served by major airlines provides convenient access from anywhere.¦Asking $1.2M¦
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