The Wildwood_Property for Sale
The Wildwood_Property for Sale
24500 Wildwood Park Rd, Richmond, TX, 77469, US

The Wildwood

Asset Description

The Wildwood is a 300-unit, brand-new construction garden-style community ideally located in the Richmond/Rosenberg submarket, proximate to some of the newest master-planned communities and growing commercial sector housing Fortune 500 companies, mid-size technology companies, and innovative start-ups. The Property was built in 2022 in close proximity to Highway 59, allowing for unparalleled connectivity across the city. The Richmond/Rosenberg submarket has experienced significant growth over the last twelve months, achieving a rental rate growth of 8.9% and absorbing 2.4% of the market in the past 3 months alone. With the city's continual westward migration driving elevated average household incomes and home values in a one-mile radius of the Property, this extraordinary product is well-positioned to experience significant rent-growth potential. Featuring floor plans with an average unit size of 950 sf, The Wildwood provides investors a chance to acquire highly differentiated, institutionally-built product in one of Houston's most coveted suburban neighborhoods with rental upside.



Number of units
300 units
Year built
Building area Net
26,481 m²
Land area net
6.07 ha (60,703 m²)


Investment Highlights

  • Brand-new, Institutional Quality Construction.
  • Speed to Stabilization with a positive lease expiration trend
  • Discount to replacement cost | barrier to entry
  • Located in the Veranda master-planned community
  • Impressive surrounding demographics
  • Fort Bend County Taxes
  • Highly accessible location
  • Proximate to top Southwest Houston neighborhoods, retail centers, and employment hubs
The Wildwood 4_Property for Sale
The Wildwood 4_Property for Sale

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The Wildwood (0 Properties)

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Last updated
20 Mar 2023