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Attributes

Year Built 1977
Occupancy 92.0 %

Property Description

Willow Ridge offers consistent and secure cash flows. It has averaged 93% occupancy for the last five years. Deferred maintenance has been addressed under current ownership, the clubhouse and pool areas have been modernized, and there are multiple avenues to increase revenues under new ownership.

Investment Highlights

Willow Ridge is a 1977-built, 262-unit, garden-style multi-housing community in Southwest Houston, located between Sugar Land (65,000+ jobs) and the Texas Medical Center (106,000+ jobs), the largest medical complex of its kind in the world.
Joey Rippel
Joey Rippel
Senior Director, Capital Markets
License details
TX-654288
Christopher Young
Christopher Young
Senior Director, Capital Markets
License details
TX-630674

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