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.

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