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Timberwalk Apartments
a 300-unit, 1983 vintage multifamily property in
the Bear Creek Village submarket of Northwest Houston.
Property Details
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Timberwalk, a 300-unit multifamily property in Bear Creek Village, Northwest Houston
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Bear Creek - mid-upper workforce area with single-family residential and national retail
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12% rent growth in the past year, projected 4% annual growth through 2025
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Neglected upkeep by out-of-town seller, potential for rent increase to market rate
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Conveniently located near major employment centers and transportation routes
The Story Behind the Opportunity
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Bear Creek is a mid-upper workforce area with single-family homes and national retail.
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Conveniently located near major employment centers like the Energy Corridor and Uptown Houston.
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The majority of residents commute to work, with good access to highways.
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It falls within the Cypress-Fairbanks Independent School District, known for its high ratings.
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Timberwalk residents have easy access to local retail and amenities.
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Nearby George Bush Park and Bear Creek Pioneers Park offer extensive outdoor recreational opportunities.
Our Experience
In this market, you need to rely on an experienced team of commercial real estate syndicators. Clive Capital and its partners have been working to syndicate build-to-rent and multifamily investment opportunities since the early 2000s and through the 2008 recession, leading to a combined 60+ years in experience. Click here for more information.
$1.2B+
3000+
$400M+
60+
ASSETS UNDER
MANAGEMENT
UNITS
EQUITY RAISED
YEARS OF EXPERIENCE
Have a question for our team? Book a call now to ask us anything.
Images
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Unit Mix
Opportunity
Distribution Waterfall (Class A)
Distribution Waterfall (Class B)
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Purchase Price: $34,200,000 ($114,000 /unit)
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Equity Raise - $14,400,000
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Cap Rate — Going In: 3.37%
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Stabilized Yield On Cost (Untrended): 5.96%
How to Invest
Although this investment opportunity is currently closed, we encourage you to subscribe to our weekly newsletter to stay informed about future opportunities and never miss out again. Want to understand if you qualify for an investment opportunity? Feel free to schedule a no obligation call or sit in on one of our webinars or visit our Learn More page, Portfolio or view our blogs.
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