Intelligent and Trustworthy Real Estate Investing.
GROVE
AT SEABROOK
APARTMENTS
PROPERTY INFORMATION
Seabrook, Texas
132 Unit
Built 1979 / 2012 / 2017
SUMMARY
Project Size: $13,100,000
Equity: $5,000,000
Loan: $9,825,000
BRIEF DESCRIPTION
Grove At Seabrook Apartments is a Class A- location and class B asset. Very attractive purchase price for a recently remodeled asset. The underwriting is done against COVID-19 economic environment. No deferred major CapEx and comes with 85% already upgraded to premium.
FEW HIGHLIGHTS
Very attractive purchase price for a recently remodeled asset.
Passed Pandemic stress test underwriting criteria with flying colors
National/Int headquarters of many Fortune 500 Co. offices within 3 mileslike NASA, Aeres, The Aerospace, Aexa aerospace, Airbus DS Space,Boeing, Booz Allen Hamilton, Collins Aerospace, Cyfor Tech, GeoControl, Jacobs, Lockheed Martin, Northrop Grumman, SpaceBot.
Diverse employment-based area
Very Close to MD Andersen, Hermann Memorial hospitals, good schools,several entertainment, retail, and dining establishments.
Upgrade remaining units to increase rents. Great cash flow withconservative underwriting.
Additional upsides with reserve parking/CAMS charges.
We are actively looking for interested investors. You may qualify to invest with us as either an accredited or sophisticated investor according to SEC guidelines. Click the “Start Investing” button below to fill out our investor form and find out if you qualify to join our multifamily investment team.