The Core_Propiedad en venta
The Core_Propiedad en venta
3990 Washington Ave, Houston, TX, 77007-5662, US

The Core

Descripción

Jones Lang LaSalle is proud to present The Core, a sophisticated 326-unit wrap apartment community strategically positioned in Houston's premier Washington Corridor. This exceptional property sits at the epicenter of one of the city's most dynamic and rapidly evolving districts, offering investors an unparalleled opportunity in a submarket with industry-leading fundamentals. The Core enjoys an A+ location with superior demographics, surrounded by Houston's most affluent neighborhoods and placing residents at the heart of the city's key demand drivers. Situated just off Washington Avenue and south of Interstate 10, the property delivers unmatched accessibility to major employment centers while maintaining walkable proximity to an array of premier restaurants, celebrated bars, and convenient neighborhood amenities. Positioned within easy reach of the innovative Autry Park mixed-use development and the vibrant Washington Corridor entertainment district, The Core allows residents to seamlessly blend the serenity of nearby Memorial Park with the dynamic urban lifestyle that defines modern Houston. This prime positioning creates exceptional appeal for discerning professionals seeking both convenience and prestige.  The Core demonstrates strong operational performance with consistent upward momentum, featuring proven rent growth trajectory with substantial room for continued increases. Combined with its exceptional location, comprehensive amenity package, and value-add potential, The Core represents a standout multifamily asset in one of urban Houston's most coveted residential addresses.


This rare offering provides investors the opportunity to acquire a substantial multifamily asset in Houston's most desirable urban corridor, backed by superior location fundamentals, strong market dynamics, and significant upside potential in one of the nation's most robust rental markets.


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Atributos

Unidades
326
Ocupación
96 %
Año de construcción
2008
Superficie neta construida
52.227 m²
Superficie neta del terreno
2,1 ha

Media

Aspectos destacados de la inversión

  1. Bullseye Urban Location with Excellent Demographics
  2. Center of Gravity for Houston’s Key Demand Drivers
  3. Unparalleled Accessibility Proximate to Major Employment Centers
  4. Limited Supply Submarket with Fully Occupied Competitive Set
  5. Strong Property Performance with an Upward Trend
  6. Value-Add Optionality with Rent Growth Potential on 311 Units (95% of the unit mix)
  7. Significant Capital Spent by Current Owner
  8. Significant Discount to Replacement Cost


The Core 4_Propiedad en venta
The Core 4_Propiedad en venta

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Última actualización
3 de sep de 2025