Apartment complex "Reserve at Garden Oaks", Texas, Houston (USA)
Houston (Texas) is located in the Southern part of the USA close to the Gulf of Mexico and is a major economic hub of the Southern states. The biggest employers are various companies in the energy sector, in IT, medical research and technology. Also, the naval port of Houston (biggest port in the the US) and the various airports contribute to solid growth domestic product.
The Apartment complex was acquired in March 2014. It is an A-class property with 166 units, located in the North of the City with excellent access to Loop 610 and Interstate 45. There is a strong labor pool within a 5 – 10 mile radius including the Galleria Mall, hospitals, schools, retail, energy companies and governmental administration. Located within a 15-20 mile radius are the international airport and the naval port of Houston, also two big employers.
The property has undergone a ground-up renovation and presents itself in a first class condition.