Investment Summary

6Ten at Med Center, formerly Park 610, is a 1983-constructed garden-style apartment community with tremendous value-add potential located adjacent to the Texas Medical Center in Houston, Texas. The location truly provides a unique opportunity for an investor to own a large, garden-style asset in a core Houston area.

Interior Amenities

• In-Unit Washer & Dryer
• Stainless Appliances*
• Glass Tile Backsplash*
• Dishwasher
• Updated Flooring
• Updated Cabinets
• Private Balconies & Patio

Business Plan

The strategy for this asset provides a potential gain of $120k+ in annual revenue by renovating and achieving premiums on classic units. 

• The exterior will receive newly rebranded singage, landscaping, a pool area refresh, a new access system, and a dog park.

• The property was rebranded and received a full new sign package, updated branding, and a new color pallet.

• Implement vertically integrated management to control expenses

• Add additional improvements and amenities to common areas and unit interiors

• Add new income through reserved parking and increased RUBs and Pet Fees