300 Victoria DrHouston, TX 77022

This exceptional investment opportunity presents a 104-unit multifamily portfolio in Houston, Texas, encompassing two properties: The Pointe at Garden Oaks and Werner Apartments. Situated in the Independence Heights area, this portfolio boasts a strategic location just west of I-45 and north of the 610 Loop, providing convenient access to downtown Houston (approximately 7 miles). Built in 1963 and 1971, the properties offer a diverse range of nine floor plans, spanning 561 to 930 square feet. Current average rents stand at $1,001 per unit ($1.74 per square foot) at The Pointe at Garden Oaks and $990 per unit ($1.30 per square foot) at Werner Apartments. The portfolio includes two on-site laundry rooms for resident convenience. The properties sit on a total of 104 units and an additional 0.98 acres of undeveloped land, presenting potential for future expansion or development. This rapidly growing area boasts a population of 390,860 within a five-mile radius and nearly 1,380,000 within ten miles (2024 data). This fee-simple, free-and-clear offering presents a compelling investment opportunity in a thriving Houston market. The address is 300 Victoria Dr, Houston, TX 77022.