Parque View Apartments

Posted: 10/18/2017
352 Units
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About Parque View Apartments

Located less than two miles from the Texas Medical Center campus, which accounts for more than 100,000 jobs. Close proximity to the Medical Center, Rice University and the University of Houston makes this an excellent student housing complex. The property is surrounded by freeways, making it readily accessible from any part of Houston. Additionally, with the METRORail station located nearby, this asset has access to every transit option in Houston at its front door. Attractive value-add opportunity with strategic cosmetic improvements and other repositioning efforts. Immediate opportunity to raise rents to capture higher revenue. Opportunity exists to increase revenue by upgrading the approximately 65% of units that have not been upgraded. Upgraded units, which include washer/dryer connections and faux-wood flooring, are achieving upwards of $200-$250 more in rent.