The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Villas at Huffmeister, a 294-unit, 2007-built apartment community, and Villas of Kingwood, a 330-unit, 2008-built apartment community, both located in the Houston MSA. Villas at Huffmeister and Villas of Kingwood offer prospective buyers an exquisite opportunity to acquire institutional quality assets with highly accretive in-place agency debt and significant value-add potential. Both assets possess 100% classic-condition units and are prime candidates for interior renovations that would allow the assets to achieve an estimated $200/unit market rent premium across the board. The communities also enjoy low density site plans containing spacious floorplans and a significant number of direct-access garages. Furthermore, not only are both properties situated within healthy demographics and proximate to schools, jobs, retailers, and major transportation arteries, they’re positioned within one of the most robust, diverse economies in the United States.
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Villas at Huffmeister & Villas of Kingwood (2 properties, 624 units)