8181 Med Center

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase a fee-simple interest in 8181 Med Center (The "Property" or The "Asset"), a 678-unit garden-style apartment community strategically positioned in the thriving Texas Medical Center submarket. Located directly across the street from NRG Park, 8181 Med Center offers an exceptionally convenient living experience with unmatched proximity to Houston's major employment centers, including the prestigious Medical Center, vibrant Downtown, eclectic Montrose. Built in two phases in 1995 and 1998, the property benefits from an ever-growing Texas Medical Center employment anchored tenant base, creating sustained and consistent rental demand at the property. With zero new properties recently opened or under construction within a two-mile radius and a fully occupied competitive set, 8181 Med Center is primed for continued high occupancy and rent growth. 8181 Med Center presents investors with a compelling value-add opportunity - current ownership has renovated 37% of the units and is acheiving an average premium of $195/unit/month. Through common area enhancements and further strategic unit upgrades, new investors have the opportunity capitalize on the proven strong value add demand. With 678 total units across nearly 29 acres of land, 8181 Med Center offers a truly differentiated, low-density living experience that cannot be replicated due to existing land use restrictions limiting comparable development. Available at over a 20% discount to replacement cost, this investment opportunity combines strong in-place cash flow with significant upside potential, making it an exceptional addition to any investment portfolio seeking immediate scale in one of Houston's most resilient and dynamic submarkets.