16110 Kuykendahl Rd Houston, TX 77068

This exceptional 52-unit apartment complex, Hampton Park Apartments, presents a compelling investment opportunity in Houston, Texas. Completed in 2024, this property boasts ten buildings situated on approximately 2.87 acres along the high-traffic Kuykendahl Road (50,000-60,000 vehicles daily), offering excellent visibility and accessibility. Conveniently located about eight minutes west of I-45 and fifteen minutes west of George Bush Intercontinental Airport, the property benefits from a strong population base: 317,148 residents within a five-mile radius and nearly 1,000,000 within ten miles. Currently in the lease-up phase, Phase I comprises 52 units averaging 759 square feet, with rents averaging $1,369 per unit ($1.80 per square foot). The property is offered fee-simple and free and clear. A significant advantage is the inclusion of complete plans and permits for Phase II, which will add 80 more units across four buildings on an additional 2.5 acres, presenting substantial future development potential. This is a rare opportunity to acquire a high-performing asset with immediate income and significant upside. The property's prime location, strong occupancy rates, and expansion potential make it an attractive investment for discerning buyers.