Cortland West Champions - Phase I and II_Property for Sale
Cortland West Champions - Phase I and II_Property for Sale
12330 N Gessner Rd; 12331 N Gessner Rd, Houston, TX, US

Cortland West Champions - Phase I and II

Portfolio description

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.



Number of units
710 units
Building area Gross
64,337 m²
Call for Offers
Cortland West Champions - Phase I and II (2 Properties)
Cortland West Champions - Phase I and II (2 Properties)


Investment Highlights

  • Incredible Location with Strong Surrounding Retail, Employment Centers, and Entertainment
  • Zoned to Cypress-Fairbanks ISD, Harris County’s #2 School District
    • With an overall score of A
  • Rent Growth Potential – Significant Discount to Mortgage with Income-Fueled Room to Grow
    • 43.5% Renter-Occupied Housing Units
    • $273,414 Average Home Values
  • Northwest Population Growth Fueling Strong Surrounding Demographics
    • $92,775 Average Household Income
    • 30% of the population earns over $100K
  • Proximate to top Northwest Houston neighborhoods including Willowbrook, Champions & Vintage Park
  • Highly accessible off Highway 249, 2 minutes from Beltway 8
  • Strong Sense of Community with Unique Natural Beauty
  • Impressive Submarket Performance
    • 6% rent growth in T3
    • Cumulative absorption outpacing deliveries over the last 10 years
Cortland West Champions - Phase I and II 4_Property for Sale
Cortland West Champions - Phase I and II 4_Property for Sale

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Last updated
6 Sep 2023