Built in 1994, Rise at Elmside is a 171 unit four-story midrise style apartment community with an attached multi-level parking garage and it’s a place residents will love to call home. Thanks to its location near Sam Houston Tollway (Beltway 8), Westpark Tollway (IH-69), IH-10 and IH-610, and Westheimer Road, Rise at Elmside residents will find themselves near more than 300,000 jobs. Not to mention, the average size of the property’s units is 914 square-feet. Rise at Elmside consists of 44 percent one-bedroom homes and 56 percent two-bedrooms, allowing for more flexibility when it comes time to find your perfect property match! Not only has Rise at Elmside never flooded, it’s also not located in a flood zone. Residents have the opportunity to choose from smart home packages as well as washer/dryer rentals when they call Rise at Elmside home. Other advantages of adding Rise at Elmside to your portfolio include a swimming pool and spa, 24-hour fitness center, 10-foot ceilings, and crown molding, and fully-equipped kitchens.

Interior Amenities

• Fully Equipped Kitchens
• Walk in Closets
• Sprinklered for fire safety
• 100% Washer/Dryer Connections
• 10-foot ceilings and crown molding
• Fireplaces*
• Pantries
• Separate dining area
• Private patios/balconies

Business Plan

The current business plan contemplates a 5-year investment horizon to align with the growth in the Westchase submarket within West Houston over the next several years.  The Capital Budget is allocated to improve the overall community exteriors, amenities, and unit interiors.

With REEP Management, we will:

• Implement vertically integrated management to control expenses
• Renovate Unit Interiors and enhance common area amenities
• Improve other income such as RUBs, pet fees/rent, application/admin fees, reserved parking, storage unit rentals, valet trash, washer/dryer rentals and smart home packages.