Villa Oaks Townhomes (212 Units)
Multi-Family – Houston, TX
- Built mid 70′s, a distressed asset. Private sale, sold below market value with added component.
- Older building, with deferred maintenance, massive rehabilitation.
- In an upward transitioning area, the “Energy-Cooridor”.
- Value-add: Component purchased well below market value.
- Objective: To rehabilitate, stabilize and sell – short term plan