Oak Grove

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase a fee-simple interest in Oak Grove (The "Property" or The "Asset"), a 272-unit garden-style apartment community strategically positioned in the thriving Northwest Houston submarket. Located off FM 1960 with exceptional accessibility to Beltway 8, US 290, and Highway 249, Oak Grove offers residents a convenient living experience with unmatched proximity to Northwest Houston's retail corridors, entertainment venues, and major employment centers. Built in 2004, the property benefits from an ever-growing population base and industrial boom in Northwest Houston, creating sustained and consistent rental demand at the property. With minimal upcoming supply in the surrounding area and strong surrounding demographics, Oak Grove is primed for continued high occupancy and rent growth. Oak Grove presents investors with a compelling value-add opportunity - 50% of the units are partially renovated, while the remaining 50% remain in classic condition, positioning new investors to capitalize on proven renovation demand. Through strategic unit upgrades and common area enhancements, new owners can unlock significant additional value. With 272 total units, Oak Grove offers a truly differentiated product with a genuine community feel that resonates with today's discerning renters. Available in one of Houston's most dynamic submarkets, this investment opportunity combines strong in-place cash flow with significant upside potential, making it an exceptional addition to any investment portfolio seeking scale in Northwest Houston's rapidly expanding and employment-rich market.