The Travis _Property for Sale
The Travis _Property for Sale
3300 Main St, Houston, TX, 77002, US

The Travis

Asset description

Jones Lang LaSalle ("JLL") is pleased to present The Travis, a 328-unit high-rise multifamily tower proximate to some of Houston’s biggest employment centers and entertainment hubs. Completed in 2020, The Travis stands as an iconic and prestigious asset with superior construction standards. With a wide variety of restaurants, parks, and entertainment options just steps away from the property, The Travis boasts an exceptional walkability score. The Travis combines beautiful panoramic views of Downtown, the Med Center, and Montrose with top of the line community and unit amenities. The Travis presents an exceptional opportunity to acquire a trophy asset of rare distinction, perfectly situated in a prime location, and offered at a compelling discount compared to replacement cost.

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Attributes

Number of units
328 units
Year built
2020
Building area net
365,985 sf
Land area net
1.16 acres (50,530 sf)

Media

Investment highlights

  • Opportunity to Acquire an Iconic, Trophy Asset at a Material Discount to Replacement Cost
  • Revenue Upside Potential
  • Ability to significantly increase revenue by increasing occupancy, rolling rents to market levels, and leasing the vacant retail space
  • Value Appreciation Through Expected Long-Term Rent Growth in the Submarket
  • Accretive long-term hold opportunity
  • Motivated Seller
  • Well Built, Class A Product with a Diversified Unit Mix Appealing to a Broad Tenant Base
  • Proximate to the Biggest Employment Drivers in the City
  • Highly Sought-After Walkability in Urban Houston
  • Strong Recent Property Performance with An Upward Trend
The Travis  4_Property for Sale
The Travis  4_Property for Sale

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The Travis (0 Properties)

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Last updated
Jan 8, 2024