425 Unit Apartment Building in Houston, TX

 

Chateau Dijon Apartments is a 425-unit property in Houston, TX. The property consists of 18 buildings with a range of 1,2,3, and 4 bedroom units with a weighted average unit size of 955 square feet. The investment strategy is to reposition it to a Class B+ asset from a B-through an extensive renovation program focused on upgrading the property’s interiors to push the asset to a level above that of comparable properties in the submarket.