Colliers is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of eleven (11) single family rental homes containing twelve (12) units in the Houston, Texas MSA. All of the assets are ideally located within the city of Rosenberg, TX, a vibrant and prosperous suburban community within the Greater Houston metro area. This portfolio has remained nearly fully leased for the balance of the tumultuous 2020 calendar year with collections being comparable to years prior. Occupancy is driven by the unique strength of the asset class, the economic diversity of Houston and the high demand for standalone rental homes during the pandemic driven lock-down measures.
All the leases in this portfolio are on a yearly basis, giving future investors the opportunity to adjust rents to the market which has remained stable through the most recent downturn and is now in a cycle of rapid expansion.