This is a collection of units in one of our favorite areas of Montrose. It consists of two fourplexes with a single family in the middle. Each of the units in the fourplexes are 1 bed / 1 bath while the single family in the middle is 2 beds / 2 baths.
Rents for the 1 beds start at $800 (Yup! We’re still keeping rents affordable in Montrose).
We currently are full but have 1 unit coming up. If you’d like to check it out and lock it down before it comes to market, just give our office a call @ 832-640-4444
(this is the only picture we have right now — from street view)
We just picked up a super cute 10 unit in Montrose at 4202 Stanford. This property is just a few steps from our other property at 710 Colquitt. This property is all 1 bedroom units. And at the time I’m typing this, we have 1 empty. So if you want it, let us know!
In interesting story in the Houston Chronicle. Discusses how well the multifamily sector is doing. This should be great news for Fat Property, right? Not really. We’re more buyers than sellers. So when the prices of properties go up, that normally just means our property tax bill goes up, and it’s harder for us to find new properties to buy.
So while we’re happy to see our sector doing so well, I think a small pullback might be healthy for the long term success of this business.
From time to time we’d like to start sharing some of the feedback we get on various social media. This one comes from Danny who lives in one of our Midtown properties:
THANK YOU FAT PROPERTY!!! A few years ago I had a girlfriend that lived in this building. It’s so awesome. Her unit was older but had a quirky charm. She always said they’d have to drag her out of there if a new owner ever bought it and wanted to knock it down.
Ironically I live in one of the “Fat Property” complexes in midtown. It’s also super old (built in the 30s?) building and they’ve done a great job on the units. Ive been here since a few months after they bought it and they not only improved the building considerably but allowed the whole neighborhood to finally get fixed up.