The Henry at Jones Road

11925 Jones Rd, Houston, TX 77070

The Henry at Jones Road is a three-story garden-style community comprising of 114 one and two-bedroom homes. It was built in 2013 and is currently managed in collaboration with Momentum Multifamily. The living spaces are equipped with modern features such as black appliances, granite countertops, vinyl flooring, and modern lighting. Additionally, the team plans to implement a home interior upgrade program to further improve the units' aesthetics.

114 Unit Institutional-Quality Value-Add

114 Units

Built in 2013

1 & 2 bedroom floorplans

Acquired in 2022

Community Amenities

Package Service

Wi-Fi at Pool and Clubhouse

Controlled Access

Trash Pickup - Door to Door

Renters Insurance Program

Online Services

Planned Social Activities

Pet Play Area

Key Fob Entry

Business Center

Clubhouse

Lounge

Fitness Center

Pool

Gated

Cabana

Grill

Concept Creation

Additional Storage

Hardwood Style Flooring

Stand Alone Showers

Subject to Availability

Alarm

Built In Computer Desk

Elegant Crown Molding

Full Size Washer/Dryer In Unit

Garden Bathtubs

Gated Community/Controlled Access

Granite Countertops

Hard Surface CounterTops

High Speed Internet

Value-Add Strategy

Our strategy for this asset will involve implementing a Value-Add approach, which includes refurbishing the clubhouse, rebranding the property, improving the amenities available, and upgrading the units themselves.

Houston MSA

The Houston market is one the strongest multifamily markets in the nation, and well-maintained Class A- properties such as this one tend to fare well in the event of an economic downturn.

Houston is a diverse and rapidly growing metropolitan city with strong indicators for continued positive growth and a long-lasting rental economy. It is driven by industries such as energy, healthcare, and technology.

Investment Details
Formally Known As	The Reserve at Jones Road
Unit Count	114
Class	A-
Acquisition Date	12/09/2022
Invested Capital	$10,000,000
Loan	3+1+1 Capped Adjustable
Deal Structure	506(B) Syndication
Unit Mix	114 one & two-bedroom
Projected Hold	5 Years