Blog Articles, Featured Listings, investment, SFR Investment Portfolios, Single Family Rental Portfolios For Sale

Featured Listing: 84 Home BFR Investment Portfolio Houston, TX (100292)

Are you looking for the perfect real estate investment opportunity? Then look no further, SVN | SFRhub Advisors presents the best of the best, our featured single-family residential portfolios and Build-for-Rent Portfolios For Sale, all residing in the hottest real estate markets across the nation, providing the maximum ROI possible.

Make sure to check out each single-family rental investment portfolio or build-for-rent investment portfolio to learn more about the demographics, property, location and financial overview. Each of these single-family rental portfolios is an opportunity of a lifetime, so don’t miss out!

84 Home BFR Investment Portfolio Houston, TX

Highlights

  • Conveniently located close to the Heights, downtown and top job centers in the area, including Texas Medical Center
  • Seller has multiple developments at various stages of development to facilitate a programmatic scenario to acquire additional communities in greater Houston
  • Project completing first homes January 2020
  • Phase II of the project is ready to go to the city for final approval.
  • Multiple elevations for each of the 5 floor plans
  • Market specific NOI optimized floor plans that have high projected market rents
  • Gourmet kitchens with granite countertops and high-end finishes throughout home, yet selected for durability and maintenance
  • Contemporary craftsman architectural style with low maintenance landscape package
  • 10-year structural home limited warranty
  • NeighborhoodScout classifies the lifestyle for the area as Excellent for both Young Single Professionals and Luxury Communities
  • The median household income in the neighborhood is just under $84,000
  • NeighborhoodScout predicts this neighborhood ranks a 4 out of 5 (5 being the highest) on its Blue Chip Ranking, which ranks the stability of an area. And 5 out of 5 on access to jobs paying over $75,000

Description

Welcome to Timbergrove Trails, an 84 home under construction investment portfolio breaking ground as we speak within the inner loop of the booming metro of Houston Texas. Combining contemporary craftsman architectural style with the charm of front porch living and ample entertaining space, these homes embody the culture and character the friendly community has to offer. A low maintenance landscape package is included that provides side and rear yard drainage system and a fully automated sprinkler system for the front yard. Enter into their mahogany doors and you’ll find dramatic high plate 10’ ceilings, a gourmet kitchen with abundant cabinets and granite countertops, all constructed with the highest quality and most durable finishes throughout. All homes include a standard 10-year structural home limited warranty.

This is a rare opportunity to acquire a Build-for-Rent deal coming out of the ground, with the first homes to be finished beginning January 2020, while Phase II of the project is ready to go to the city for final approval.

This investment portfolio has been NOI optimized by carefully selecting the most efficiently built plans that will achieve the highest rents in this localized market. In this case, that created a portfolio heavy with 4 bedroom floor plans, ranging from 2200 SF to 2631 SF with a high rent per square foot of $1.63 to $1.68 at stabilization. All homes are two stories with attached two-car garages and have multiple elevations for each floor plan. Alternative floor plans can be negotiated with the seller.

Located within the inner loop of the northwest corner of Loop 610, residents will be able to enjoy all the conveniences of city living while residing in a new high-end gated community. Close by downtown and the top job centers of the area, including Texas Medical Center, Timbergrove will quickly become an attractive home for the high job growth population and implants to Houston.

Go to SFRhub.com to learn more about this incredible single-family rental portfolio for sale.

This post is only valid within 30 days of original posting date and is considered void after this designated time frame.

Gabriel Silverstein, SIOR
Managing Director
SVN | Angelic
623521
512.953.3320
gabriel.silverstein@svn.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.