The Oaks at Grand West
10415 Lancaster Frst Ln, Houston, TX, 77051, US
147 units
Description
JLL, as exclusive advisor, is pleased to present for sale, Elme Conyers, a 240-unit multi-housing community (The “Property”). Built in 1999, The Property includes 1-, 2-, and 3-bedroom renovated apartment homes that feature wood-style flooring, private balconies and patios, spacious closets, and smart home features including locks, thermostats, and lights. Community amenities include a swimming pool, resident clubhouse, fitness center, picnic area, grills, playground, sundeck, gazebos, and a tennis court.
Ideally situated ±10-minutes from Downtown Conyers, residents enjoy easy access to numerous dining, shopping, and recreation opportunities. Conveniently located off I-20, residents can rapidly commute to numerous employment opportunities in the Conyers and Covington employment hubs along the I-20 corridor.
Residents are proximate to the $5.5B Rivian plant which is set to employ ±7,500 people upon completion, various movie studios in Covington, and Archer Aviation’s 400K SF facility that plans to produce 650 aircrafts annually by 2030.
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Attributes
Number of units
240
Year built
1999
Occupancy
91%
Building area net
227,970 sf
Land area gross
25.6 acres
Parking spaces
488
Media
Investment Highlights
- Discount to Replacement Cost
- Core Plus Asset with Room for Future Upside
- Strong Demographics with Opportunity for Future Growth
- Proximity to Retail
- Value-Add through Potential Upside
- Prominent I-20 Industrial Corridor
Contact brokers
Elme Conyers (0 Properties)
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Last updated
15 Sep 2025
