Northwest Houston Multifamily Portfolio 2 Multifamily Properties in Prairie View, TX

Dominate the Prairie View at Waller County multifamily landscape by acquiring this collection of updated apartment communities located throughout the waller county & Prairie View Texas A&M University area. The portfolio comprises 872 units of conventional multifamily complexes with an asking market price per unit. Occupancy rates range from 85% to 95%, with quality tenants and excellent in-place management teams.
The Reserve at Richards Apartments at 23286 Richards Rd. is a 19-building, 561,488-square-foot community featuring 494 units with studio- one- to two-bedroom layouts. This complex is in northwest of Houston at Waller County, adjacent to Panther Hill Apartments, which is also a part of this portfolio. The neighborhood is a mix of long-term residents and newcomers, with a strong demand for rental properties surrounded by big manufacturing companies like Daikin (10,000 employee). A pool, basketball court, dog park, and clubhouse are some of the amenities that make this an attractive living environment. The area offers easy access to shopping, dining, and recreational activities, further enhancing its desirability.
Fountain Hill Apartments at 702 Santee St. is a 9-building, 798,019-square-foot community featuring 378 units with studio- one- two to three-bedroom layouts. Located in the northwest of Houston / Waller county neighborhood and the Prairie View area. This property has strong access to major Highway 290. Walking distance to Prairie View A&M University and Jones Elementary school. The area has a diverse population, including young professionals and families, that are ideal resident pools for the one- to three-bedroom floor plans. It is outfitted with desirable amenities, such as swimming pool, a fitness center, and a business center. Proximity to major manufacturing industries and area employers enhances the property’s appeal.