Town Center Crossing_Property for Sale
Town Center Crossing_Property for Sale
2727 Bens Branch Drive, Houston, TX, 77339, US

Town Center Crossing

Asset description

Town Center Crossing ("the Property" or "the Asset") presents an exceptional investment opportunity in the heart of Kingwood. This 518-unit, 3-story garden-style community, spanning 20.32 acres, was thoughtfully developed in two phases (1994 and 1998) and underwent a comprehensive renovation in 2017, solidifying its position as a premier residential offering in the area.

 

Strategically located in Kingwood's core, Town Center Crossing boasts a bullseye location that capitalizes on the submarket's robust fundamentals. The Property's prime position within the highly-regarded Humble ISD (A niche.com grade) adds significant appeal to a wide demographic of residents. This Asset combines strong in-place cash flow and proven performance with compelling value-add potential, offering investors an opportunity to capture additional rent growth in a supply-constrained market.

 

Town Center Crossing's limited competing supply, significant discount to replacement cost, and strong surrounding demographics underscore its attractive investment profile. This offering provides investors the chance to own a substantial multifamily asset in one of Kingwood's most desirable communities, characterized by strong market fundamentals and suburban appeal.

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Attributes

Units
518
Occupancy
96%
Year built
1998
Building area net
454,459 sf
Land area gross
20.33 acres

Media

Investment highlights

  • Bullseye Location in the Heart of Kingwood
  • Ideally Zoned to Humble ISD (A Niche.com Grade)
  • Value-Add Optionality with Rent Growth Potential
  • Limited Existing and Upcoming Competing Supply
  • Significant Discount to Replacement Cost
  • Phenomenal Surrounding Demographics
  • Strong In-Place Cash Flow and Property Performance


Town Center Crossing 4_Property for Sale
Town Center Crossing 4_Property for Sale

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Last updated
Mar 6, 2025