Advenir at The Med Center_Property for Sale
Advenir at The Med Center_Property for Sale

Advenir at The Med Center

9955 Buffalo Speedway, Houston, TX, 77054, US

Description

JLL has been exclusively retained to offer qualified investors the opportunity to acquire Advenir at The Med Center (The “Property”), a well-maintained 320-unit apartment community strategically positioned in Houston’s thriving Texas Medical Center submarket. Built in 2001, Advenir at The Med Center is highly accessible off major corridors including 610, Buffalo Speedway, and South Main. The Property offers unmatched proximity to Houston’s premier employment centers, including the prestigious Medical Center, dynamic Downtown, and vibrant Montrose districts. Advenir at The Med Center benefits from the ever-growing Texas Medical Center employment anchored tenant base, creating sustained rental demand and stabilized occupancy that drives strong cash flow and attractive going-in yield metrics. The Property presents investors with a compelling value-add opportunity - current ownership has successfully renovated approximately 44% of the units, achieving proven average premiums of $125 per unit per month. With significant income upside remaining through further strategic unit and common area upgrades, new ownership has the opportunity to capitalize on this established program and generate outsized returns. Available at a significant discount to replacement cost, Advenir at The Med Center presents investors with a unique acquisition opportunity in one of Houston’s most resilient and professionally driven residential submarkets.

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Attributes

Style
Garden
Year built
2001
Units
320
Average Unit
798 SF
Rentable SF
255,248
Land area gross
5.43 ha

Media

Investment highlights

  1. Strategic Location in a Premier Employment Hub
  2. Proven Value-Add Program with Significant Upside
  3. Strong and Stable Cash Flow
  4. Discount to Replacement Cost
  5. Employment Anchored Tenant Base
  6. Highly Accessible Location


Advenir at The Med Center 4_Property for Sale
Advenir at The Med Center 4_Property for Sale

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Advenir at The Med Center (0 Properties)

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Last updated
Mar 19, 2026