36 Palms Townhomes
Class: A
Year: 2018
Style: Build to Rent
Acquired Date: April 2022
Address: 2201 – 2231 Bermuda Palms and 2231 – 2251 Bermuda Shores, Missouri City, TX 77459
Property URL: www.36PalmsTownhomes.com
Investment Summary
36 Palms Townhomes is a Build to Rent community in the Missouri City suburb of Houston. The spacious units feature modern amenities, private garages, and private yards.
Amenities
- Spacious, open floorplans
- Washer and Dryer connections
- New, modern black appliances
- Private, fenced backyards
- Private patios
- Walk-in closets
- Faux wood flooring
- High ceilings and attached, private garages
Business Plan
The strategy for this asset is to:
- Implement vertically integrated management to control expenses
- Add additional improvements and amenities to common areas and unit interiors
- Sell or refinance within 3-5 years
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