The Preakness_Actifs en vente
The Preakness_Actifs en vente
210 Wells Fargo Dr, Houston, TX, 77090-4061, US

The Preakness

Description de l'actif

Jones Lang LaSalle Americas ("JLL") has been exclusively retained to offer qualified investors the opportunity to purchase the fee simple interest in The Preakness ("the Property" or "the Asset"), a 224-unit 1983 vintage garden-style with great value-add potential. The property is located off of Interstate 45 and FM 1960 and in close proximity to many employment centers. The community is ideally-located in the booming NW Houston submarket of Willowbrook/Champions/Ella and proximate to the city's major thoroughfares. New ownership has the opportunity to purchase a strong cash-flowing asset with significant upside potential through a value-add plan.


Caractéristiques de l'actif

Nombre d'unités
224 Unité de mesure
95,00 %
Année de construction
Surface de l'actif Net
14 613 m²
Taille du terrain
2,82 hectare (28 247 m²)


Points clés d'investissement

  • Strong Value-Add Opportunity: Potential to Renovate 75% of The Property and Add Washer/Dryers to 40% of the Units
  • Proximate to Outstanding Demand Drivers: North Oaks Shopping Center, Cypresswood Commons, Willowbrook Mall, Universal Technical Institute, and Lone Star College
  • Proximity to Employment Centers:  
    • 10 minutes to North Houston Business District
    • 10 mins to Pinto Business Park
    • 15 mins to The Woodlands
    • 15 mins to George Bush Intercontinental Airport
  • High Volume of Vehicles Traveled by The Property Daily on Major Thoroughfares
    • FM 1960: 63k+ Vehicles
    • I45: 285k+ Vehicles
The Preakness 4_Actifs en vente
The Preakness 4_Actifs en vente

Contacter l'équipe

The Preakness (0 actifs)
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Dernière mise à jour
12 juil. 2023