Prose Champions_Property for Sale
Prose Champions_Property for Sale
6701 FM 1960 West, Houston, TX, 77069, US

Prose Champions

Asset Description

Prose Champions is a 360-unit, brand-new construction community ideally located within Cypress-Fairbanks ISD, Harris county’s #2 school district, proximate to

northwest Houston’s most affluent neighborhoods and top employment centers. This highly accessible property is located directly on FM 1960 just minutes from

Highway 249, allowing for unparalleled connectivity across the city. The Willowbrook/Champions/Ella submarket has experienced significant growth over the

last twelve months, achieving 6% in rental rate growth. With strong surrounding average household incomes and home values in a one-mile radius, this unique

product is poised for significant rent-growth potential. As the newest product in the submarket, Prose Champions offers investors a chance to acquire brand-new, institutional-quality product in one of Houston’s most coveted suburban neighborhoods with rental upside.


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Attributes

NOI
SEK 32,596,000

Media

Investment Highlights

  • Zoned to Cypress-Fairbanks ISD, the #2 school district in Harris County
  • Newest construction deal with no impending supply in the submarket
  • Nearing Stabilization: Strong lease-up Averaging 24 leases / month since December 2021
    • Averaged 35 net leases through Summer 2021
  • At the intersection of Northwest Houston’s most favored neighborhoods- Willowbrook, Vintage Park & Champions
  • Prolific industrial submarket due to accessibility and continual job and population growth 
  • Affluent surrounding demographics - $108k average HHI & $336k average home values in a one-mile radius


Prose Champions 4_Property for Sale
Prose Champions 4_Property for Sale

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Prose Champions (0 Properties)

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Last updated
30 Mar 2023