Park Village, Houston, Texas

Successful exit

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Park Village, Houston, Texas 2017-05-31T10:19:30+00:00

Project Description

Acquisition and sale of a 312-unit residential apartment complex. The complex was in close proximity to employment and commercial centers and featured 2 swimming pools, a playground, a laundromat, and sport fields.

14100 Rio Bonito Rd Houston TX 77083, USA

Year launched

2012

Equity raised

£1,860,000

Expected duration

30 Months

Actual duration

29 Months

Achieved annual return

11.40%

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

Acquisition and sale of a 312-unit residential apartment complex. The complex was in close proximity to employment and commercial centers and featured 2 swimming pools, a playground, a laundromat, and sport fields.

Other projects by the developer