801 S Allen Genoa Rd - 801 S Allen Genoa Rd, South Houston, TX 77587

▶ Excellent unit mix with 63% of the property consists of 2 and 3 bedroom units.. ▶ Phenomenal visibility as the property is at the intersection of two major thoroughfares and offers street access on three sides.. ▶ Minimal deferred maintenance with $1.7MM in capital expenditures in most recent renovation.. ▶ New owner can implement an interior renovation program and raise rents approximately $150/unit.. ▶ Opportunity to implement a water conservation program throughout the property.. ▶ Attractive in place loan with 5% interest rate which also allows for mezzanine debt.