Living / Multi-housing

The Ranch at Champions

6830 Champions Plaza Drive Houston, Texas United States 77069
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 2000
Building Area Gross
Land Area Gross ()
Number of units 186

Property description

  • Property Type: Garden Style
  • Year Built: 1983
  • Units: 186 Units
  • Average Unit Size: 876 sf
  • Rentable Square Feet: 162,900 sf
  • Site Size: 5.74 acres 


Investment highlights

  • Well-Maintained 1983 Construction with Proven Value-Add Premiums on ~40% of Units and Abundant Upside Remaining
  • Located in Robust Multi-Housing Submarket with 13.2% T12 rent growth and no conventional units under construction
  • Significant premium to own versus rent in Willowbrook due to elevated home prices (Average Home Value $295K in 3-Mile Radius)
  • Exceptional access to Houston's top employment centers including The Woodlands, Energy Corridor, CityCentre
  • Prime Walkability to Outstanding Retail Demand Drivers: Target, The Willowbrook Mall, Willowbrook Plaza
  • Zoned to Acclaimed Cy-Fair School District


Last Updated Date: 16 Apr 2022

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Last Updated Date: 16 Apr 2022

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