Documents
Key facts
Building Area Gross |
|
Number of units | 253 |
Occupancy | 91.0 % |
Call for Offers | 2022-04-19 |
Portfolio description
253 Newly Constructed Homes | Highly Amenetized Suburban Submarkets in Houston and Dallas MSAs
Investment highlights
- Ideal time to invest in built-to-rent product driven by
- Pandemic accelerated flight to suburbs
- Renters seeking less dense living spaces
- Elevated homes prices - 18.9% and 30.5% increase since November 2020 in Atascocita & Forney, respectively
- Exceptional Area Demographics
- $150K and 105K average household income in a one mile radius of Clearwater at Balmoral & Brooklyn Village, respectively
- Strong Rental Market - 16.0% and 21.6% T12 rent growth in Houston & Dallas, respectively
- Highly Amentizied Suburban Nodes
- Both communities are minutes from the area's top developing retail & entertainment destinations
- HEB recently purchased land less than 1 mile from Brooklyn Village
- Residents at Clearwater at Balmoral have direct access to Texas' first crystal clear lagoon
- HEB recently purchased land less than 1 mile from Brooklyn Village
List View
Map View
Brooklyn / Clearwater (2 Properties)
Clearwater at Balmoral
Atascocita, TX, United States
Brooklyn Village
Forney, TX, United States