- For Sale Contact for pricing
- Property Type Other
- Property Size 104,900 SF
- Additional Rent Contact for pricing
- Date Updated Dec 21, 2024
Grove at Oak Forest is a 65 unit, individually platted build-for-rent community in the Oak Forest submarket of Houston,TX. This high growth market offer renters a best-in-class, single-family living experience with exceptional connectivity to nearby retail, entertainment, high quality schools, and employment drivers. The residences consist of 3 bedroom, 2.5 bath homes, with floor plans ranging from 1,236 to 1,894 sf, high end finishes and attached garages. The development is newly completed and now stabilized. The property offers investors a unique opportunity to acquire a build-for-rent community in one of Houston’s most desirable submarkets well below retail cost.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Unique opportunity to acquire a high-quality BFR property in the nations 4th largest city
- 65 units in a high-growth suburban location
- The community is fully built and stabilized with rent upside
- Limited supply of competitive rentals in market, and offered at a discount to retail pricing
- Seasonally-adjusted BFR/SFR rent growth on new leases has maintained over 10% growth over the last 4 quarters, with supply-side constraints supporting higher forward looking projected growth vs. traditional multifamily
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Contacts
Location
Getting Around
-
Walk Score ®
57/100 Somewhat Walkable -
Transit Score ®
35/100 Some Transit -
Bike Score ®
59/100 Bikeable
- City Houston, TX
- Neighborhood Oak Forest - Garden Oaks
- Zip Code 77018
- Market Houston
Points of Interest
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Northline Transit Center/HCC
4.24 miles
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Melbourne/North Lindale
4.50 miles
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Lindale Park
4.62 miles
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Cavalcade
4.79 miles
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Moody Park
5.08 miles
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Quitman/Near Northside
5.60 miles
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Fulton/North Central
5.61 miles
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Theater District (eastbound)
6.23 miles
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Theater District (westbound)
6.28 miles
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UH-Downtown
6.42 miles
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Valero
0.60 miles
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Shell
0.81 miles
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Corner Food Mart
0.84 miles
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Mobil
0.84 miles
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Phillips 66
0.88 miles
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Swift
0.94 miles
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Exxon
1.05 miles
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Blue Bell Express
1.08 miles
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Blink
2.95 miles
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ChargePoint
5.03 miles
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Northwest Transit Center Parking
2.62 miles
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West Sports Complex Parking Lot
3.07 miles
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East Sports Complex Parking Lot
3.15 miles
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Omni Houston Hotel Parking Garage
4.18 miles
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Northline Transit Center Parking
4.22 miles
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North Shepherd Park & Ride
4.27 miles
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Bayou Greenways Park Trailhead & Parking
4.57 miles
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AIG Parking lot
5.13 miles
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Quitman Park & Ride
5.60 miles
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Courtyard
0.77 miles
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SpringHill Suites
0.94 miles
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Baron Inn
0.95 miles
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Rodeway Inn
1.03 miles
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Sheraton
1.12 miles
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Days Inn
1.22 miles
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La Quinta Inn
1.23 miles
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Motel 6 Houston
1.52 miles
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Super 8
1.61 miles
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Scottish Inn
1.75 miles
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Tacos A Go Go
0.22 miles
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Tamale Joint
0.26 miles
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Empanada Company
0.39 miles
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Millie's Kitchen and Cocktails
0.55 miles
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Don Teo's Mexican Restaurant
0.58 miles
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Valencia's Tex-Mex Garage
0.66 miles
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Local Table
0.68 miles
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Supreme Sandwiches
0.71 miles
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Juanita's Mexican Restaurant
0.74 miles
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Antone's PoBoy's
0.77 miles
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Stevens Elementary School
0.47 miles
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Frank Black Middle School
0.67 miles
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Oak Forest Elementary School
0.74 miles
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St. Michael's Day School
0.77 miles
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Waltrip High School
0.82 miles
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Oak Forest Academy
0.82 miles
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Johnson Memorial School
0.84 miles
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KIPP Houston PNC Opportunity Campus
1.01 miles
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Saint Ambrose School
1.23 miles
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Memorial Hall School
1.39 miles
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La Petite Academy
1.53 miles
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The Kenworthy School
1.95 miles
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The Little Learning Place
2.10 miles
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The Goddard School of Houston
2.21 miles
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Early Learning Campus of the Awty International School
2.41 miles
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Alianza Eco International School
2.94 miles
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Mariner Montessori at Heights
3.30 miles
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Houston Heights Day Care
3.40 miles
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Little People Learning Tree, LLC
3.46 miles
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Ages & Stages Child Care Center
3.53 miles
Frequently Asked Questions
The sale price for Grove at Oak Forest is available upon request. Contact the listing broker for more information.
Grove at Oak Forest totals 104,900 square feet.
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Avison Young - US - TX - Houston