22-Unit Condominium Property | Houston, Texas | Acquired September 2017 | Current Holding
KEY FACTS
| Asset Type |
Condominium Property – 22 Units |
| Location |
Houston, Texas
|
| Acquired |
September 2017 |
| Financing |
No Mortgage – Held Free & Clear |
| Gross Property Value Increase |
Approximately +436% since acquisition |
| Estimated Value |
$2.32 million – December 2022 |
INVESTMENT OVERVIEW
Dabney Condos is a 22-unit condominium property in Houston acquired in September 2017. The acquisition continued the principal’s focus on smaller and mid-sized residential properties where pricing can vary meaningfully across individual assets and ownership situations.
OWNERSHIP & VALUE CREATION
- Held without mortgage debt, preserving ownership flexibility and reducing property-level financing risk.
- Maintained as a long-term holding, allowing the asset to continue generating income while equity value developed over time.
- Based on the figures in the current portfolio record, Dabney has recorded the highest percentage increase in property value among the listed active holdings.
CURRENT POSITION
The property’s estimated value was approximately $2.32 million as of December 2022, representing an estimated increase of approximately 436% from the acquisition basis. Dabney remains an active holding.
LOCATION
Dabney CondosHouston, Texas