DONOVAN & THORNTON BTR PORTFOLIO
5405 Iconic Ln & 316 Thornton St,
Houston,
TX
77091
CONTACT BROKER FOR PRICE
Units
36
Year Built
2022
Leasable Area
64,392 SF
Property Type
Apartments
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- Two brand new construction communities with luxury finishes throughout. Includes private, fenced back patios and 2 car garages.
- Property proximity to each other offers ease of management between both complexes.
- Each unit is individually deeded which allows for multiple exit strategies in the future.
- The average household income in a 3.0 mile radius is ±$91,000.
- Only ±8 miles from Downtown Houston.
- Helps resolve the affordability issue in the for-sale market. With the average American not able to afford a “starter home” in the current debt environment, townhomes and single-family rental communities are the next best option.
- Income-tax Free State: in the fourth largest MSA in the country.*
Donovan Homes
- Unit Mix: (18) Floorplan: 3+2.5-G, (4) Floorplan: 3+3.5-G
- Address: 5405 Iconic Ln, Houston, TX 77091
- Year built: 2022
- Average Unit Size: ±1,767 SF
- Acreage: ±1.44 AC
Thornton Homes
- Unit Mix: (14) Floorplan: 3+3.5-2G
- Address: 316 Thornton Rd, Houston, TX 77018
- Year Built: 2022
- Average Unit Size: ±1,828 SF
- Acreage: ±0.64 AC
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225