The Preakness

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.