Investment Opportunity | Greater Houston Single Family Rental Portfolio - 8 Shady Oak Ln, Conroe, TX 77304

Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of sixty-two (62) single family rental homes with sixty-three (63) units in the Houston, Texas MSA. All the assets are ideally located within the greater Houston MSA. This portfolio has remained nearly fully leased for the balance of the tumultuous 2020 calendar year with collections being comparable to years prior. Occupancy is driven by the unique strength of the asset class, the economic diversity of Houston, and the high demand for standalone rental homes during the pandemic driven lockdown measures. All the leases in this portfolio are on a yearly basis, allowing future investors to adjust rents to the market which has remained stable through the most recent downturn and is now in a cycle of rapid expansion.

63 Homes - 97,925 SF Total in Greater Houston Area
Turn-key SFR portfolio with upside potential
Median portfolio rent is $122 lower than 2021 projected SF market median
Average price per home is below market median
Desirable suburban locations within Houston MSA
1,616 Average Unit SF
$1,552 Average Rent
1999 Average Year Built