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and obtain offering memorandum.

INVEST IN COMMERCIAL REAL ESTATE IN HOUSTON, TEXAS

This amazing apartment community is in the growing energy corridor providing families with quality, affordable living in an exemplary school zone. Nottingham Village is one of two properties with family-sized units in one of Houston’s Best School Districts. Residents can enjoy walking to elementary, middle and high schools within minutes from the property.

New Listing!

Minimum Investment:

$250,000

Required Equity:

$11,500,000

Asset Value:

$45,000,000

Existing HUD loan:

$36,000,000 (80% LTV) (38 fixed years remaining at 3.4%)

NOI:

$2,550,000 actual

Financial Highlights

Annual Cash Yield:

T-12 - Cap Rate: 5.5%

Target IRR: 21%

Target Cash on Cash: 9%

kitchen

Investment Highlights

  • Excellent value-add opportunity with $400.00 rent bump
  • Property is zoned to highly acclaimed Spring Branch Independent School District
  • Average home price for area is $670,000, approximately 95% higher than the Houston’s average

Register Now and obtain offering Memorandum

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