Investment Overview

Marcus & Millichap is pleased to present an outstanding opportunity to acquire a fully stabilized multifamily asset in the heart of Houston, Texas. Just minutes from the University of Houston, the property benefits from a strategic location that appeals to both students and renters seeking a centrally located home within one of Houston’s fastest-growing and transforming neighborhoods. The asset consists of 15 units in total—14 studio apartments and one one-bedroom, one-bath unit. Residents enjoy updated interiors that include granite countertops, new flooring, and essential appliances such as a refrigerator, stove, and microwave. The property also features an automatic security gate and an on-site laundromat that generates additional income. Beyond base rent, tenants contribute to ancillary income through monthly fees, including $50 for parking, $100 for each additional occupant, and $50 for pets. These supplemental charges enhance the property’s cash flow, offering investors immediate, consistent returns. This offering represents a rare chance to acquire a stabilized, income-generating asset in a centrally located, gentrifying area of Houston with strong rental demand and long-term growth potential.