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106 Clark St
Prairie View, TX 77445
Panther Quarters · Specialty Property For Sale
·
22,200 SF


Investment Highlights
- 100% Occupancy Student Housing Complex
- Bank-Approved Property
- 2 blocks from Prairie View A&M University
Executive Summary
Panther Quarters is a purpose-built student housing community located just two blocks from Prairie View A&M University in Prairie View, Texas. Built in 2006, the property consists of twelve 4-bedroom/4-bath apartment homes (48 beds) across six two-story residential buildings on approximately 1.02 acres.
The property utilizes a lease-by-the-bedroom operating model designed specifically for student housing, with spacious floor plans featuring private bedrooms and bathrooms, shared living areas, granite countertops, fully equipped kitchens, in-unit washers and dryers, individually controlled HVAC systems, and individually metered electricity. Residents enjoy convenient access to campus while remaining connected to the Houston metropolitan area via U.S. Highway 290.
Panther Quarters has been professionally maintained and offers investors an opportunity to acquire a stabilized student housing asset serving one of Texas' premier public universities. Continued university enrollment, limited on-campus housing, and strong demand for off-campus accommodations support the property's long-term investment appeal.
Additional due diligence materials, including financial information, surveys, and property documentation, are available upon request.
The property utilizes a lease-by-the-bedroom operating model designed specifically for student housing, with spacious floor plans featuring private bedrooms and bathrooms, shared living areas, granite countertops, fully equipped kitchens, in-unit washers and dryers, individually controlled HVAC systems, and individually metered electricity. Residents enjoy convenient access to campus while remaining connected to the Houston metropolitan area via U.S. Highway 290.
Panther Quarters has been professionally maintained and offers investors an opportunity to acquire a stabilized student housing asset serving one of Texas' premier public universities. Continued university enrollment, limited on-campus housing, and strong demand for off-campus accommodations support the property's long-term investment appeal.
Additional due diligence materials, including financial information, surveys, and property documentation, are available upon request.
Property Facts Under Contract
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5.84% | Year Built | 2006 |
| Property Type | Specialty | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 1.02 AC | Cross Streets | Thompson |
| Building Size | 22,200 SF | ||
| Zoning | MF | ||
| Sale Type | Investment |
| Cap Rate | 5.84% |
| Property Type | Specialty |
| Lot Size | 1.02 AC |
| Building Size | 22,200 SF |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 2.25/1,000 SF |
| Cross Streets | Thompson |
| Zoning | MF |
Property Taxes
| Parcel Number | 230446 | Improvements Assessment | $657,971 CAD |
| Land Assessment | $33,829 CAD | Total Assessment | $691,800 CAD |
Property Taxes
Parcel Number
230446
Land Assessment
$33,829 CAD
Improvements Assessment
$657,971 CAD
Total Assessment
$691,800 CAD
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