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TEXAS MULTIFAMILY SPECIALISTS
COMMERCIAL LISTINGS
PROPERTY VALUE
Client Stories
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
University Park Apartments
University Park is a 45 unit property with a good mix of studios, 1 bedrooms, and 2 bedrooms. The current owner has done several big renovation projects including: replacing the windows, updating the interiors with tile and vinyl plank flooring, granite counters and tub surrounds, and resealing the parking lot. This property is stabilized and performing well. Based on the other properties in the area, there is still room for additional rent growth for each floorplan. Owner is offering $300,000 in suplemental financing at 6.5% for 3 years.
Vernon Apartment Portfolio - Courtyard Apartments
Courtyard is a 32 unit complex consisting of one, two, and three bedroom units with an average size of 798sf/unit. The
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
classic units average rent is $416. Current owner has invested approximately $43,000 renovating the exterior, laundry
room, and three of the interior units. The average rent on the updated units is $850, making the average rent premium
$434!!! There is plenty of upside in continuing the value add plan the current owner has put in place.
Vernon Apartment Portfolio - Twin Oaks
Twin Oaks is a nice 6 unit complex in a residential neighborhood. It has two 2 Bedroom / 2 Bath units and four 3
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Bedroom / 2 Bath units. The average unit size is 1,247 sf so they're very spacious units. Each unit has washer/dryer
connections, covered parking and community amenities include greenspace and a dogpark. Current owner has invested
approximately $25,000 in exterior renovations and remodeling 2 of the units. The actual rent premiums between the classic units and the renovated units average $353!!!
Clark Apartments
The Clark Apartments is an seven unit, two story property in a fantastic location. The unit mix is six one bedroom units, and one very large 3 bedroom unit. There is also a large shop and additional rec room on the 1st floor. The owners are currently in the 3 bedroom unit, so the next owner could convert it back into a leased unit.
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