INVESTMENT HIGHLIGHTS
• Strategic Location: Situated in the heart of Midtown Houston, this property offers unparalleled access to Downtown Houston, the Texas Medical Center, and major highways, ensuring high demand from potential tenants or buyers.
• Redevelopment Potential: The 5,000 sq ft lot presents a prime opportunity for redevelopment, capitalizing on the area’s ongoing growth and transformation.
• Diverse Income Streams: With 15 units featuring shared amenities, the property is ideal for:
Co-Living Spaces: Catering to young professionals seeking affordable, community-oriented housing.
Student Housing: Proximity to educational institutions makes it suitable for student accommodations.
Short-Term Rentals: The property’s configuration is perfect for weekly rentals targeting visitors and transient professionals.
• Proximity to Innovation and Development: Located near the Ion District, a 16-acre innovation hub fostering startups, corporations, and academic partnerships, enhancing the area’s appeal and potential tenant pool.
RECENT AREA DEVELOPMENTS
• Harris Health Investments: Harris Health’s recent acquisition of properties across the street indicates significant institutional interest and potential for future collaborations or developments in the vicinity.
• Midtown Redevelopment: The Midtown area has experienced substantial redevelopment, with new residential, commercial, and mixed-use projects enhancing the neighborhood’s vibrancy and property values.
This is a Great Opportunity: Whether you’re an investor looking to capitalize on Midtown’s growth, a developer seeking a prime location for a new project, or an entrepreneur envisioning a co-living or short-term rental venture, 3815 Fannin St offers limitless possibilities· Access to Public Transportation: Close to METRO Rail stations,
providing convenient transit options throughout Houston.