Location: 12247 Sunset Meadow Lane, Houston, Texas 77035
Year Built: 1981
Acquisition Date: 3/19/2020
The Townhomes on Peacock Hills is a Garden/Townhouse-style apartment community located in Houston, Texas and was constructed in 1981. The Property is situated on 11.17 acres of land, and consists of 238,592 leasable square feet. The asset offers a diverse unit mix of 57 one-bedroom, 97 two- bedroom, and 57 three- bedroom units ranging from 745 to 1,257 square feet.
Strong Employment Sector with 20 Fortune 500 HQs and/or Regional Offices within 15 miles. The Property is located within 25 minutes of HOU Airport, one of Houston’s major commercial airports serving more than 14 million passengers annually.
Houston’s beneficial location and fundamental strengths, including an expanding healthcare sector, advancements in front-line medical and technological breakthroughs, and strong import/export trade activity (#1 U.S. port in foreign tonnage), position it to act as a crucial proponent in providing national and global market demands.