713-993-7163
Louetta Creek Dr, Spring, TX for Sale
Apartments - FOR SALE
1/6
null | Request Cap Rate

Louetta Creek Dr
Spring, TX 77388
Cypresswood


HIGHLIGHTS

  • Unique opportunity to acquire a high-quality BFR property in the nation’s 4th largest city
  • 44 units in a high-growth suburban location
  • The community is fully built and stabilized with rent upside
  • Demonstrated discount of rent vs. own
  • Limited supply of competitive rentals in market

OVERVIEW

Louetta Creek is a 22 building, 44 unit, single plat build-for-rent community in the Spring submarket of Houston,TX. This high growth market offer renters a best-in-class, single-family living experience with exceptional connectivity to nearby retail, entertainment, high quality schools, and employment drivers. The residences consist of 3-4 bedroom homes, with large floor plans (1,891 Avg SF), high end finishes and attached garages. The development is newly completed and now stabilized. The property offers investors a unique opportunity to acquire a build-for-rent community in one of Houston’s most desirable submarkets from highly reputable developer.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

44

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Louetta Creek

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

87

LAND DETAILS

LAND ACRES

4.09 AC

LAND SF

178,378 SF

ZONING

-

APN/PARCEL ID

1391000010001

ASK ABOUT THIS PROPERTY

Brandon BeanAvison YoungMore Info
713-993-7163

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Brandon BeanAvison YoungMore Info
713-993-7163

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.