Post Oak Apartments

82-Unit Apartment in Houston, Texas.

o Closed in May 2021

o Financed by City Bank

o Loan to value 86%

o Return on investment 18.22%

o Value increase 116% at the time

o December 2022 value estimated $5.8M

Specification

About Post Oak Apartments

Welcome to Post Oak Apartments at 11211 S Post Oak Rd, Houston, TX! Offering a variety of spacious 1 and 2-bedroom units (540-969 sq. ft.). Convenient access to major roads and public transportation makes it easy to explore the city.

In-unit Amenities: Balcony, Bathtub (in some units), Breakfast Bar, Ceiling Fans, Fire Extinguisher, Flooring Type: Vinyl, Granite Countertop, Heating and Air Conditioning: Window (Central is broken and not fixed yet), Pantry, Patio, Pets Allowed (under 15lbs), Smoke Detector, Stove and Fridge, Utilities included: Gas, Water, Walk-in Closet, Window Covering/Mini Blind.

Community Amenities: Garage Attached, Lawn, Outdoor Space: Community Garden, Grilling Station and Picnic Tables, Playground, On-site Laundry, On-site Management, Pet-Friendly, Property Management Amenities: Community Portal, Maintenance Request System, Online Rent Payment.

Location
Property Address: 11211 S Post Oak Rd, Houston, TX 77035.