Multi-Housing

Eclipse

1725 Crescent Plaza Dr Houston, Texas United States 77077-2476
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2008
Building Area
Land Area ()
Number of units 330

Property Description

Eclipse is a 2008 vintage, 330-unit Class A multi-housing community in highly livable West Houston. It is located in a walkable, Live, Work, Play environment in the heart of Houston’s Energy Corridor. West Houston is the primary source of the Houston metro’s outsized housing demand and population growth over the last 30 years, and the Energy Corridor is its resilient central business district. Eclipse is available below replacement cost and on an All Cash basis.

Investment Highlights

  • Below replacement cost
  • 100% classic units & untouched common areas
  • Market support for higher rents
  • Return to peak rents in a zero new supply submarket
  • Affluent housing market out of reach for first-time homebuyers
  • West Houston is Houston’s population growth epicenter
Last Updated Date: 20 Feb 2021
Todd Marix
Senior Managing Director, Capital Markets
+34910602617
Chris Curry
Senior Managing Director, Capital Markets
+34910602617
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Last Updated Date: 20 Feb 2021

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