Property Type
Apartment
Location
Tomball, TX 77375
Year Built
2006
Total Units
228
Apartments
The Cape, Tomball Tx
Offering Summary
Purchase Price
$ 30 Million
Min Investment
25,000
Target IRR
25 %
ROI
140–200% (5 years)
Cash Flow
10 %
Over View .
Experience a little bit of coastal inspiration in the heart of Northwest Houston. The Cape is a seaside-influenced luxury apartment community in the Tomball, TX, area featuring one-bedroom and two-bedroom apartments. Enjoy soothing color palettes and modern home designs, as well as above-standard amenities like a sand volleyball court, dog park, pool, gym, and gourmet outdoor kitchen.
Community Amenities .
- Gated Access
- Courtyards
- Storage
- Covered Parking
- Dog Wash Station
- Full Size Washer & Dryer
- Resort Style Pool
- Spruce Concierge On-Demand
- Gourmet Kitchen
- Catch and release Fishing Pond
- Connected Center with WiFi
- Planned Community Activities
- 24hr. Emergency maintenance
- Custom Outdoor Bar/Kitchen
- Fitness Center
- Garage
Gallery .
Why Invest .
Introducing our newest investment opportunity, The Cape Apartments in North West Houston, Texas. With a 30% discount secured through strategic relationships and negotiations, this property offers an outstanding value add opportunity. This beautiful asset is in the affluent Tomball area with average incomes north of $124,000 has maintained a strong 94.1% occupancy rate over the past year. The spike in interest rates is forcing the existing ownership group to sell, providing us an incredible opportunity to buy a Class A well maintained asset at a discounted price and generate outstanding returns for you.
Amenities and Quality Construction
The Cape Apartments stand out for their top-notch amenities and quality construction. With features such as state-of-the-art fitness facilities, communal spaces, and modern design, the property is positioned to attract tenants who value a high standard of living.
Thriving Location
The Cape Apartments are strategically located in Tomball Tax, a region known for its economic growth and increasing property values. Tomball Tax has seen a surge in development and infrastructure, making it an attractive investment destination.
Stable Rental Income
The demand for rental properties in Tomball Tax, combined with the appealing features of The Cape Apartments, makes for a reliable income stream. Investors can expect stable rental income, providing financial security and potential for a favorable return on investment.
Rising Demand
The demand for rental properties in Tomball Tax is on the rise, driven by a growing population and an influx of businesses. The Cape Apartments cater to this demand, providing modern and desirable living spaces that are likely to attract tenants seeking quality accommodation.
Investor-Friendly Environment
Tomball Tax offers a favorable investor environment with tax incentives and business-friendly policies. Investing in The Cape Apartments aligns with the region's pro-business stance, potentially leading to long-term financial benefits for investors.
Projected Property Value Appreciation
Given the overall growth trajectory of Tomball Tax and the increasing demand for quality housing, investing in The Cape Apartments presents an opportunity for property value appreciation. The potential for future value growth can contribute to building substantial wealth for investors over time.