Fair Oaks

FairOaks3

Investment Rationale

  • Inner-loop Eastwood Market Area maintains strong rental and occupancy rates and is soon to be recipient of a major City of Houston infrastructure improvement program.
  • Nearby amenities include: schools, shopping and transportation lines and Metro Light Rail.
  • Asset purchased in distressed condition from receivership of a foreign investment group.
  • Property characteristics allowed for cost-effective operation and maintenance.

Current Status

  • Fully stabilized and performing in excess of pro-forma estimates.
  • Favorable permanent financing terms.
  • Asset is in good repair with all rents cycled to market rates.
  • View Before & After photos.

Location