Class: A
Year: 2021
Style: Garden Style
Acquired Date: April 2022
Address: 1720 Crestdale, Houston, TX 77080
Property URL: www.avenuemliving.com

Investment Summary
Avenue M is a newly constructed, boutique, garden style property. Built in 2021, the 165 unit property provides residents with convenient access to Interstate 10, providing mobility to all major employment centers throughout the city including the Energy Corridor, Uptown/Galleria, the Texas Medical Center, CityCentre, and Downtown Houston.
The 1 and 2 bedroom floor plans with Average 808 Sq Ft. The unit interiors are thoughtfully designed with 9-Foot ceilings, wood vinyl floors, granite countertops, stainless steel appliances, in-unit washer and dryers, and undermount sinks
Avenue M
Common area amenities
-
Access to Public Transportation
- Beautiful Landscaping
- Copy and Fax Services
- Easy Access to Freeways and Shopping
- Gated Access
- Guest Parking
- High-speed Internet Access
- On-call maintenance
- On-site maintenance
- Picnic area with barbecue
- Public parks nearby
Interior Amenities
-
9 Ft Ceilings
- Breakfast Bar
- Cable Ready
- Carpeted Floors
- Ceiling Fans
- Central Air and Heating
- Disability Access
- Dishwasher
- Extra Storage
- Hardwood Floors
- Microwave
- Mini Blinds
- Pantry
- Refrigerator
- Tile Floors
- Vertical Blinds
- Walk-In closets
- Washer and Dryer in Home
Avenue M Smart Home Technology Additions
Business Plan
With REEP Management, we will:
• Implement vertically integrated management to lease up the property and control expenses
• Enhance unit interiors with smart tech and low cost, high impact upgrades
• Reduce Loss to Lease, concessions, and improve occupancy
• Improve other income such as RUBs, pet fees/rent, application/admin fees, reserved parking, and smart home packages
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