Class: B
Year: 1982
Style: Garden Style
Acquired Date: December 2022
Address: 16339 Stuebner Airline Rd., Spring, TX 77379
Property URL: ellisatchampions.com

Investment Summary
Ellis at Champions is a garden-style multifamily community located in the popular Willowbrook/Champions submarket of Houston. The property is conveniently located near major highways 1960, 249, and the Sam Houston Tollway.
The community offers 1 & 2-bedroom apartments, that feature modern floor plans, trendy furnishings, in-unit washers/dryers, and a private patio or balcony. Residents will enjoy many community amenities like a fitness center, dog park, playground, and a new pool area.
Common area amenities
- Community with Restricted Access Gates
- Business Center w/WiFi
- Coffee Bar
- Resort Style Swimming Pool with Sundeck
- Barbecue Area w/Pergola and seating
- Playground
- Professionally Landscaped Grounds
- Laundry Facilities
- Pet Friendly Community
- Mature Shade Tree
- Walking distance to Elementary, Middle, and High School
Interior Amenities
- In-Unit Washer & Dryer Connections*
- Black or White Appliances
- White Cabinets with Brushed Nickel Hardware*
- Two-Inch Custom Window Blinds*
- Accent Color Paint Scheme*
- Subway Tile Backsplash*
- Faux Wood Flooring throughout*
- Framed Mirrors*
- Updated Lighting*
- Private Patio or Balcony
- Decorative Dining Room Mirror
Business Plan
The strategy for this asset is to:
Renovations will include additional upgraded amenities to 78 units and a full upgrade to 96 units
The exterior will receive new paint and landscaping
The property will receive a full sign package, updated branding, and a new color pallet.
- A dog park and fitness center will be added amenities
- The property will receive a refresh pool area and upgraded clubhouse
Implement vertically integrated management to control expenses
- Add additional improvements and amenities to common areas and unit interiors
- Add new income through VIP Parking, washer/dryer rental package, increased RUBs and Pet Fees
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