Serena Woods is a beautiful 246 unit property in Spring, TX.
A safe, desirable, upscale and thriving suburb of Houston, TX.
We have already received a tremendous amount of interest in this deal.
If you are interested in receiving more information about this deal, please click here to access our investor intake form.
- Estimated 149% Total Returns in 3 - 5 Years
- Estimated 8% Average Annual Cash Flow
- $100,000 Minimum Investment
- Accredited Investors Only
- Current rent 20% below market
- Safe and desirable submarket
- 98% Occupied
- Rents can be increased by $100-$200
- Our management company, Greystar, specializes in B & C Class properties and currently manages over 500,000+ units across the USA
- Houston is the 4th most populous city in the nation
- Houston is projected to add over One Million residents between 2015 and 2030, the second-highest growth nationally
- 66% of all Houston residents rent
- Home to 47 Fortune 1000 companies
- More than 30,000 jobs
- $82,000 average household income
- Population of 61,000+ with a 3.75% Projected Annual Growth Rate
- Learn more about Spring, TX here
Conservative assumptions for future rent growth, expenses, capital budget, and economic vacancy
Value Add Opportunity
- A clean asset with minimal deferred maintenance
- Great Value Add opportunity
- B class asset in a B+ area with a median Household income of $71,000+
- Provided Better Amenities to Tenants (Upgrade Units, In Unit Washer & Dryer)
Experienced Partner with Great Track Record
- Strong sponsorship skills with extensive experience and knowledge
- Sponsored 8,000+ units of Multifamily
Funding & Syndication
- The projected capital raise is $8,390,000
- We expect to be fully funded quickly and will accept investments on a first-come, first-serve basis and those with the highest investment amounts will receive preference
- Self-Directed IRA/401K investment option is available
If you are interested in receiving more information don't forget to fill out the investor intake form by clicking here.