Cortland West Champions - Phase I and II

Jones Lang LaSalle (“JLL”) is pleased to present Cortland West Champions Phase I (Lighthouse) and Cortland West Champions Phase II (Tradewinds), two garden-style apartment communities located adjacent to one another in the Willowbrook/Champions/Ella submarket. The sites are ideally located within Cypress-Fairbanks ISD, Harris County’s #2 school district, proximate to northwest Houston’s most affluent neighborhoods. Additionally, the sites sit proximate to a wide variety of retail and employment centers, including Willowbrook Mall less than half a mile away. The Willowbrook/Champions/Ella submarket has experienced significant growth over the last three months, achieving 6% in rental rate growth. With strong average household incomes and home values in the surrounding submarket, these unique properties are poised for significant rent-growth potential.

Originally constructed in 2005 and 2007, Cortland West Champions I and II have been excellently maintained by current ownership and offer investors a chance to obtain two strong cash flowing assets in one of Houston’s most coveted suburban neighborhoods with rental upside. The Properties were originally constructed and operated separately by different owners and subsequently merged by current ownership. Both properties contain vital infrastructure to operate standalone and as such are offered as a portfolio or individually.