Inwood Village Multi-Family Portfolio presents an exceptional opportunity to acquire a stabilized, recently renovated asset in Houston’s established Inwood Village submarket below replacement cost, with roughly $190,000 in additional portfolio value and a 1.3 % yield improvement achievable through HHA rent stabilization.
The portfolio comprises three four-unit buildings (one-, two-, and three-bedroom floorplans) on TC Jester Boulevard, offering strong rental demand and recent upgrades throughout. Sub-metered utilities and HOA-managed exterior maintenance make the property ideal for remote owners or investors seeking streamlined operations and reliable income. Individuals and Agents welcome. ***No Owner Financing***
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INVESTMENT HIGHLIGHTS
• Stabilized asset with immediate cash flow
• Recent renovations and capital improvements
• Strong 8-10% projected cap rate
• Unit Mix 1/1 (6), 2/2 (3), 3/2 (3)
• Excellent location with access to I-45 and 610
• Strong rental demand in established market
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PROPERTY DETAILS
Year Built/Renovated: 1983/2022-2025
Total Units: 12
Units/Bldg: 4
Type: Multifamily
Bedrooms: 21
Bathrooms: 18
Building Class: C
Average Occupancy: 50%
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AMENITIES
Unit Amenities:
Dishwasher, Disposal, Central A/C and Heating, Refrigerator, Range, Washer / Dryer (10/12)
Site Emenities:
Property Manager on Site, Security, Gated with security card, Property Management office