Cottage Pointe Apartments, with a Home-Style-Feel is a newly developed, 3.1485-acre with 44-unit residential community built in 2023 in Huntsville, Texas. This premier property features thoughtfully designed amenities to include private fenced in yards along with modern living experiences to allow its residents the highest standards of quality and providing residents with exceptional living environment.

The Huntsville area has experienced relatively steady growth over the past several years and possesses the positive attributes necessary to continue growing into the future. Huntsville’s stability, its proximity between Houston and Dallas/Fort Worth, and it accessibility from IH-45 have created a more diverse economy and a favorable impacted its future growth and economic potential. The slow but steady trend of expansion of the economic base is anticipated to continue over the foreseeable future. This Steady expansion should help maintain a relatively good balance in most forms of real estate.

• Exceptional Location, located minutes off I-45 in Huntsville
• 1.7 Miles from Sam Houston State University.
• High-Quality, Modern Construction. Subject is not located in FEMA flood zone
• Strong Demand & Upside Potential
• Sustained Long-Term Value Appreciation

BUILDING AMENTIES:

• Air Conditioning
• Concrete Flooring, downstairs-Vinyl upstairs
• Stainless Steel Appliances, Range, Microwave Refrigerator and Dishwasher
• Washer & Dryer Connections in all units
• Pantry
• Smoke-Free
• Tub/Shower
• Walk-In Closets
• Cable Ready & High Speed Internet
• Ceiling Fans
• Island Kitchen in some units
• Dining Room
• Granite Countertops
• Beautiful Backsplashes
• Porch
• Fenced in private Yards
• 24 Hour Access
• Picnic Area
• Pets Welcome-No Monthly Fees
• Fenced in Dog Park
• Wheelchair Accessible

Property Type: Multifamily
Sub Type: Apartment Building
Investment Type: Stabilized
Class: A
Net Rentable: ±44,270 SF
Cap Rate: 6.17%
Occupancy: 95%
NOI: $431,445
Units: 44
Year Built: 2023
Buildings: 14
Stories: 2
Lot Size: ±3.14 Acres