Alegria I & Alegria II

Jones Lang LaSalle (”JLL”) is pleased to present Alegria I and Alegria II (”the Properties” or ”the Assets”), two garden-style assets with operational upside and value-add optionality located next

to one another in the Med Center/Braes Bayou submarket.

Strategically positioned just North of Interstate 610, this duo of properties offers a combined 624 units in a prime Houston location. The proximity to major arterials such as Interstate 610, Highway 90, and Highway 288 ensures exceptional accessibility and connectivity throughout the greater Houston area.

The Properties capitalize on their location just miles south of the world-renowned Texas Medical Center, while maintaining convenient access to Houston’s premier employment hubs including Downtown Houston, Greenway Plaza, and The Galleria. This strategic positioning places residents at the epicenter of the city’s most dynamic business and retail corridors.

Alegria I and Alegria II represent a distinctive value-creation opportunity, featuring 624 units with significant operational upside and value-add potential. The rare ability to acquire these complementary properties either as a portfolio or individually provides investors with flexibility to optimize investment strategy while capturing potential synergies and operational efficiencies.

This unique offering presents an outstanding opportunity to establish or expand a meaningful presence within Houston’s robust and resilient multifamily market.