Style: Garden Style
Acquired Date: November 2023
Address: 2701 W Bellfort Ave., Houston, TX 77054
Property URL: 6Tenatmedcenter.com
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.
Common area amenities
- Sparkling Pool with Spa
- Cyber Cafe with WiFi
- Fitness Center
- Gated, Controlled Access
- Outdoor Grill Area
- In-Unit Washer & Dryer
- Stainless Appliances*
- Glass Tile Backsplash*
- Updated Flooring
- Updated Cabinets
- Private Balconies & Patio
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