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Updated over 1 year ago,
Is Houston still an emerging market?
Is Houston still a strong market to syndicate the following asset class with value add?
Asset Class
Garden Style
Price: $10M-$50M
Units: 50+
Vintage: 1980-2000
Class: C to B+
Business Plan: Value Add assets with deferred maintenance that are underperforming the market on rent, occupancy, and or expense ratio
I am excited to hear your opinions.