Project Brazos_Property for Sale
Project Brazos_Property for Sale
Various locations

Project Brazos

Portfolio description

JLL, as exclusive advisor, is pleased to present Project Brazos (the “Portfolio”) a 109-home, single family rental portfolio scattered across Texas. The portfolio has an average vintage of 2023 and is currently just under 90% occupied, presenting investors with a rare opportunity to acquire a newly built, stabilized, cash-flowing portfolio. Currently ownership recently installed a nationally present third-party management team, which can be retained to continue yield growth through operational improvement.


Project Brazos is spread across 12 different Texas cities, with the largest concentrations in San Antonio (25%), Waco (18%) and Abilene (15%). With Texas continuing to lead the nation in population growth, Project Brazos is primed to benefit from the strong fundamentals across the state of Texas.

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Attributes

Units
109
Occupancy
84.4%
Year built
2023
Rentable area
12,091 sm
Project Brazos (12 Properties)
Project Brazos (12 Properties)

Media

Investment highlights

  • Rare Opportunity to Acquire New-Vintage Homes
  • Premier Location in Highly Sought After Texas Markets
  • Thoughtfully Constructed and Well-Maintained Homes
  • Outfitted with Best-In-Class Home Amenities
  • Portfolio Discount - Available at a Meaningful Discount to One-Off Retail Home Sales
Project Brazos 4_Property for Sale
Project Brazos 4_Property for Sale

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Last updated
Dec 11, 2024