Investment Highlights

• High-End Interior Finishes and One of the Few Elevator-Serviced Properties in the Area

• No New Supply in the Area

• Brand New Townhome Development Next Door: Homes Range From $300K - $400K

High-End Interior Finishes and One of the Few Elevator-Serviced Properties in the Area

Developed in 2017 by Embrey Partners, Everly is the latest addition to the Houston apartment living scene. The property is currently garnering some of the highest rents in the submarket because of the asset’s quality, location, and nearby amenities. Additionally, Everly is one of the few multifamily properties in the submarket with elevators and air-conditioned corridors, a strong differentiator to many of its comps.

No New Supply Within 3 Miles

Within 3 miles of Everly, there are 0 properties in the development pipeline.

Brand New Townhome Development Next Door: Homes Range from $300,000 - $400,000

 

A new townhome project has recently finished development across the street from the Everly called The BriarMont. Nearly all of these homes have been sold in just a short time since being released at prices ranging from approximately $300,000 to $400,000.

The average listing price of homes for sale in the 77063 area code is $339,793, but properties range from under $250k to over $1 million. (source: www.Trulia.com)

BERKADIA   |   2229 San Felipe, Suite 1600  |   Houston, TX 77019  |   T: +1 713 469 4513

© 2019 :: Berkadia Berkadia® is a trademark of Berkadia Proprietary Holding LLC.

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.

©2019 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing.aspx

For detials with Texas Real Estate Commission, click to view: Texas Real Estate Commission Consumer Protection Notice | Texas Real Estate Commission Information About Broker Services