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THE GRAHAM
SUMMARY
The Graham is 446-unit community located in East Houston between Interstate 10 and Highway 90. From 2010 to 2020, the Houston population grew 11.10% within a three-mile radius and is projected to grow an additional 5.85% through 2025. Proximity to major thoroughfares provides tenants with easy access to Houston’s top employment centers.
PROPERTY OVERVIEW
- 446 Units
- Purchase Price: $40.5MM
- Year of Construction: 1976
- Class C Property
BUSINESS PLAN
- Perform a full renovation on 184 units.
- Lightly enhance the unit interiors of the remaining 262 units as needed.
- Add various amenities for tenants to enjoy.
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