The Oaks at Grand West_Property for Sale

10415 Lancaster Frst Ln, Houston, TX, 77051, US

The Oaks at Grand West

Asset Description

The Oaks at Grand West is an exceptional newly constructed 147-home community, strategically located in close proximity to the Texas Medical Center. Situated within a 15-minute drive from the renowned Texas Medical Center, Downtown Houston, and NRG Park, this property is perfectly positioned for convenience and accessibility. The property is perfectly positioned for convenience and accessibility, sitting just off Highway 288 with visibility to a substantial daily traffic volume of over 15,000 cars. With limited comparable options available in the surrounding area, The Oaks at Grand West stands out as a distinct and highly desirable community. It presents investors with a rare opportunity to acquire a newly-built community that boasts impressive lease-up performance in an untapped market.

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Attributes

Number of units

147 units

Year built

2024

Building area net

26,660 m²

Land area gross

6.74 ha

Building class

Class A

Media

Investment Highlights

Proximate to Houston's Biggest Employment Centers
Less than 15 minute drive from Downtown Houston, Museum District, Medical Center, NRG Park, and Hobby Airport
Premier Location with Surrounding Demand Drivers
Strong Lease Up Performance Proving Rental Home Demand
First Mover Advantage in an Untapped SFR Market
Limited Nearby Supply Pipeline
Best-In-Class, Institutional Quality Construction