5880 Inwood Dr, Houston, TX, 77057-2298, US

Tate Tanglewood

Description

Jones Lang LaSalle (“JLL”) has been exclusively retained to present qualified investors with the exceptional opportunity to acquire a fee-simple interest in Tate Tanglewood (the “Property”), a premier 431-unit apartment community strategically positioned in Houston’s dynamic Galleria/Uptown submarket with direct access to the MSA’s second largest employment district.

Tate Tanglewood commands an A+ location with superior demographics, nestled among Houston’s most affluent neighborhoods and placing residents at the epicenter of the city’s primary demand drivers. Strategically situated at the intersection of San Felipe Street and Fountain View Drive, the Property offers unparalleled accessibility to major employment hubs, luxury retail destinations, and Houston’s finest dining establishments.

The community delivers a distinctive residential experience through thoughtfully designed floor plans and contemporary layouts that foster genuine community connection. This 2016-vintage property represents a premier multifamily investment opportunity in one of urban Houston’s most sought-after residential markets, combining modern amenities with an irreplaceable location advantage.

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Attributes

Units

431

Occupancy

90.3%

Year built

2016

Building area net

522,270 sf

Land area net

5.3 acres

Media

Investment highlights

Prime Location in Houston’s Urban Core Surrounded by the Most Prestigious Neighborhoods
Excellent Construction Quality and Finishes
Offered at a Significant Discount to Replacement Cost and Attractive Basis
Limited New Supply Pipeline in the Coveted Tanglewood/Galleria/Uptown Submarket
Value Add Optionality: Original 2016 Units, Opportunity to Bridge Rental Gap with Newer Product
Adjacent to H-E-B as well as Premier Luxury Retail and Dining Destinations
Direct Access to Major Thoroughfares and Key Employment Centers
Highly Educated & Affluent Demographics in a 1-mile Radius