Beacon & Applewood, Houston, Texas

Successful exit

Home>Successes>US and Canada Exits>BesyataX>Beacon & Applewood, Houston, Texas
Beacon & Applewood, Houston, Texas 2017-05-31T10:20:10+00:00

Project Description

Renovation and resale of 2 apartment complexes featuring 221 residential units. The properties included a pool and gym for residents and were located near shopping and entertainment centers.

15455 Ella Boulevard, Houston, TX 77090, USA | 8110 Creekbend Drive Houston, TX 77071, USA

Year launched

2012

Equity raised

$2,730,000

Expected duration

30 Months

Actual duration

24 Months

Achieved annual return

6.20%

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

Houston is the largest city in the state of Texas, and the fourth largest in the United States. It serves as an economic and administrative enter for a 5.5 million people metropolis. Houston is home to several huge corporations, an active seaport and various cultural and educational institutions.

About the developer

Bestaya Realty has been successfully operating since 2006, maintaining dozens of properties across the U.S. The company specializes in locating, improving and reselling apartment complexes and family compounds. It has succesfully bought, renovated and improved many multi-apartment projects.

The opportunity

Renovation and resale of 2 apartment complexes featuring 221 residential units. The properties included a pool and gym for residents and were located near shopping and entertainment centers.

Other projects by the developer