Investment Highlights
Villas at West Road is highly accessible to an abundance of employers, located in a A-rated school district, and is located in a great Houston location with direct access to Beltway-8 and Hwy 290. The Property is positioned to benefit from the explosive growth Northwest Houston continues to experience. Houston’s historic resilience and demand, quality of living, and strong economic activity backed by Downtown Houston, the Texas Medical Center, major shopping ports, and the Energy Corridor have been the main drivers behind the region’s robust apartment fundamentals.
Property Highlights
Villas at West Road is a 240-unit community and features an attractive mix of one-, two-, and three-bedroom units averaging 1,137 square feet and 9-foot ceilings. All buildings are single-story direct access with roughly 70% of the homes benefiting from direct-access garages. Current ownership acquired the asset in 2014 and has not completed any interior renovations. So, the opportunity remains to bring 100% of the homes to a consistent, higher-end finish level, by installing quartz countertops, lowered bar tops, stainless steel appliances, vinyl plank flooring, white shaker cabinetry, and upgraded lighting/plumbing fixtures.
Community Amenities
