Champions Village Apartment Homes
August 9, 2013Play investment video
Class B Multifamily (Acquisition)
Champion’s Village is a 278-unit Class “B” apartment complex located at Champions West submarket of northwest Houston.
The property consists of 278 units and has a desirable unit mix of 1 bedrooms and 2 bedrooms. Situated on a land parcel of 10.64 acres, the property consists of 27 two story residential buildings.
The property was fully renovated to take advantage of the market demand and to solidify its position as a true “B” asset.
DMI secured income upside through unit upgrades that generated significant anticipated rent increases. This proved effective for the reduction of operating expenses and more efficient management of operations.