13/08/2026

Phlox Duplexes

28-Unit Duplex Community | Houston, Texas | Acquired February 2017 | Current Holding

KEY FACTS

Asset Type	Duplex Community – 28 Units
Location	Houston, Texas
Acquired	February 2017
Financing	No Mortgage – Held Free & Clear
Gross Property Value Increase	Approximately +258% since acquisition
Estimated Value	$1.975 million – December 2022

INVESTMENT OVERVIEW

Phlox Duplexes is a 28-unit Houston duplex community acquired in February 2017 and is the largest duplex asset in the current portfolio. The acquisition was made during a softer pricing period in Houston, providing an opportunity to add scale to the principal’s existing base of smaller residential holdings.

OWNERSHIP & VALUE CREATION

Held without mortgage debt, reducing refinancing and interest-rate exposure at the property level.
The debt-free structure has supported long-term ownership without debt-covenant pressure or the need for a forced disposition.
The asset adds scale within the portfolio’s smaller and mid-sized Houston residential holdings.

CURRENT POSITION

Phlox Duplexes remains an active holding. Its estimated value was approximately $1.975 million as of December 2022, representing an estimated increase of approximately 258% from the acquisition basis.

LOCATION

<br />

Phlox DuplexesHouston, Texas

Related PORTfolio

See all posts

Post Oak Apartments

82-Unit Apartment Community | Houston, Texas | Acquired May 2021 | Current Holding KEY FACTS Asset Type Apartment Community – 82 Units Location Houston, Texas…

13/08/2026

Yale Apartments

37-Unit Apartment Community | Houston, Texas | Acquired July 2018 | Current Holding KEY FACTS Asset Type Apartment Community – 37 Units Location Houston, Texas…

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…

13/08/2026

Dabney Condos

22-Unit Condominium Property | Houston, Texas | Acquired September 2017 | Current Holding KEY FACTS Asset Type Condominium Property – 22 Units Location Houston, Texas…

13/08/2026

Weaver Condos

46-Unit Condominium Community | Houston, Texas | Acquired May 2017 | Current Holding KEY FACTS Asset Type Condominium Community – 46 Units Location Houston, Texas…

13/08/2026

Haven Village Mobile Home Park

37-Pad Manufactured Housing Community | New Caney, Texas | Acquired September 2016 | Current Holding KEY FACTS Asset Type Manufactured Housing Community – 37 Pads…

13/08/2026

See all posts