Living / Multi-housing

Alta Washington

6400 Washington Ave Houston, Texas United States 77007
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2021
Building Area Gross
Number of units 204

Property description

Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the unique opportunity to purchase a fee-simple interest in Alta Washington (the “Property” or the “Asset”), a 204-unit podium apartment complex at the doorstep of Memorial Park, one of the largest urban parks in the United States. The Property features six three-story townhomes in a standalone building across the street from the main building. This trophy Asset is irreplaceably located in one of Houston’s most vibrant and happening districts - Washington Avenue/Lower Heights Corridor - with city-leading submarket fundamentals. This prime location on Washington Avenue just south of Interstate-10 puts the Property in walkable distance to numerous restaurants, popular bars, and neighborhood grocery stores. Alta Washington’s exceptional quality, park accessibility, and highly-walkable location presents a one-of-a-kind opportunity to invest in one of Houston’s best residential addresses. Exceptional rent growth momentum throughout Houston, coupled with an influx of residents and world-renowned employers, has created an opportunity for investors to capitalize on the tremendous rent growth occurring in Urban Houston and at Alta Washington.

Investment highlights

  • Lightning Speed Lease-Up, Currently at 98% Leased
  • Highly-Rated, New-Construction Product
  • Featuring 6 Unique Townhome Floorplans
  • Unparalleled Accessibility to Houston’s Major Roads / Highways
  • Surrounded by Houston’s Top Employment Centers
  • Optimally Located Between Houston’s Most Coveted Urban Parks & Trails
  • Walkable Within Houston’s Vibrant Washington Corridor
  • Center of Gravity for Houston’s Hottest New Retail Concepts
  • Affluent and Educated Surrounding Demographics
  • Heights/Washington Ave: A Top-Ranked Urban Submarket 
Last Updated Date: 12 Aug 2022

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Last Updated Date: 12 Aug 2022

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