Description:
INVESTMENT INFORMATION:
- Forest Palm is a two story apartment community located in the Northshore submarket of Houston, Texas.The asset was built in1975 per HCAD, and was remodeled in 2012. Residents enjoy amenities which include: mini-blinds, kitchen pantries and ceiling fans. Tenants pay water and electricity.
- Currently there are no leasing concessions in place, per the owner. Forest Palm Apartments is within 12 minutes or 6.5 miles from San Jacinto College. It is also near the University of Houston, Downtown and TexasSouthern University. Forest Palm Apartments is near William P. Hobby, located 14.5 miles or 26 minutes away. Other nearby airports include Ellington Field and Houston George Bush Intercontinental.
- The entire asset was fully rehabbed in 2012 with some buildings completely rebuilt.
- Implementing upgrades and adding common area amenities including a dog park and dog washing station should improve rents.