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13/08/2026

Brittmoore Townhouses

13-Unit Townhouse Community | Houston, Texas | Acquired July 2018 | Current Holding

KEY FACTS

Asset Type Townhouse Community – 13 Units
Location Houston, Texas
Acquired July 2018
Financing No Mortgage – Held Free & Clear
Gross Property Value Increase Approximately +381% since acquisition
Estimated Value $2.31 million – December 2022

Brittmoore Townhouses Brittmoore Townhouses Brittmoore Townhouses Brittmoore Townhouses Brittmoore Townhouses

INVESTMENT OVERVIEW

Brittmoore Townhouses is a 13-unit townhouse community in Houston acquired in July 2018. The property adds a different residential format to the portfolio and provides diversification alongside apartments, duplexes, condominiums, and manufactured housing.

OWNERSHIP & VALUE CREATION

  • Held without mortgage debt, supporting long-term ownership and predictable property-level capital structure.
  • The townhouse format broadens the portfolio’s residential product mix while remaining within the Houston market.
  • The ownership approach has emphasized stable occupancy, cash flow, and long-term equity growth rather than short-term disposition.

CURRENT POSITION

Brittmoore Townhouses remains an active holding. Its estimated value was approximately $2.31 million as of December 2022, representing an estimated increase of approximately 381% from the acquisition basis.

LOCATION

Brittmoore TownhousesHouston, Texas

 

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