The Property is situated at 9400 Coventry Square Drive and consists of 172 units across approximately 8 acres. Originally constructed in 1984, The Victorian has benefited from recent renovations including modernized unit interiors and community amenities, positioning the asset for immediate income generation with longer-term value-add potential.
The Property features one- and two-bedroom floorplans averaging 750 square feet, with current rental rates ranging from approximately $774 to $1,195 per month. Community amenities include a resort-style swimming pool, gated access, clubhouse with business center, and on-site laundry and maintenance services. The Property is currently performing at stabilized occupancy and generates consistent in-place cash flow.
The Victorian benefits from proximity to major employment hubs including the Westchase District, Energy Corridor, and the greater Southwest Houston industrial markets. This location appeals to budget-conscious renters seeking affordable quality housing with access to regional transportation corridors.