3 Corners Portfolio_Property for Sale
3 Corners Portfolio_Property for Sale
Houston, TX, US, Americas

3 Corners Portfolio

Portfolio description

Jones Lang LaSalle ("JLL") is pleased to present 3 Corners East, 3 Corners North and 3 Corners West ("the Properties" or "the Assets"), three garden-style assets with value-add optionality located next to one another in the Memorial/Spring Branch submarket. 


Strategically positioned along Kempwood Drive, just east of Beltway 8, this trio of properties offers a combined 1,103 units in a prime Houston location. The site's proximity to major arterials such as Beltway 8, Gessner Road, and Blalock Road ensures exceptional accessibility and connectivity.


These assets are ideally situated to capitalize on Houston's westward expansion, placing residents within easy reach of the city's premier business and retail hubs, including the Energy Corridor, CityCentre, Memorial City, and Westchase. The properties fall within the highly-regarded Spring Branch Independent School District, which boasts an impressive A- grade on niche.com, ranking it among the top districts in Harris County.


3 Corners East, 3 Corners North, and 3 Corners West present a rare investment opportunity, offering the chance to acquire three adjacent properties as a cohesive package or individually. This unique configuration allows for potential synergies and economies of scale, making it an attractive prospect for investors looking to establish a significant presence in Houston's thriving real estate market.

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Attributes

Units
1,103
3 Corners Portfolio (3 Properties)
3 Corners Portfolio (3 Properties)

Media

Investment highlights

  • Offered as a Portfolio or Individually
  • Institutionally Owned, Managed, and Maintained 
  • Currently Operated as Three (3) Independent Properties
  • Interior Value Add & Amenity Upgrade Potential
  • Offered at Attractive Yield with Positive Leverage Day One
  • High Retention Rate (60%+) with Positive Rent Trend
  • Favorable Demographics – $79K Median HHI (1-mile)
  • Zoned to Spring Branch ISD, a Top Ranked School District in Harris County
  • Less than 0.5 Miles from HEB Grocery and Located Near Top Retail Destinations
  • Well-Positioned to Capture Benefits of Houston’s Westward Migration


3 Corners Portfolio 4_Property for Sale
3 Corners Portfolio 4_Property for Sale

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Last updated
May 20, 2025