
Lenox Oaks
3810 Drexel Drive, Houston, TX, 77027, US
259 units
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present University Trails (the "Property"), a 308-unit, 828-bed community serving Texas A&M University ("Texas A&M", "TAMU", or the "University"). The Property has averaged 99% occupancy over the last three Academic Years ("AY") and is 94% preleased heading into the upcoming year. Offering the shortest commute time to campus in its submarket at just 10 minutes, University Trails benefits from a location advantage that supports consistent demand. Current ownership renovated 82 three- and four-bedroom units, achieving $30-$40 premiums and validating market demand for upgraded units. With 226 units remaining unrenovated, the next buyer can immediately execute a proven renovation strategy.


