Garner Park Apartments

Garner Park Apartments

Pasadena, TX
  • Property Type: Apartments
  • Year Built : 1963
  • Property Size: / 53 Units


Capstone is pleased to present Garner Park: a 1963 vintage, classic value-add asset in Pasadena, Texas a suburb of Houston. Garner Park (53 units) represents phenomenal potential to investors seeking entry into the resilient Southeast Houston multi-family market. In addition, Garner Park is currently being self-managed, which allows for upside in hiring a professional 3rd party management team. The property is poised for a value-add program, which if completed, could procure new ownership a +22% ROI respectively. Current ownership has done much of the heavy lifting, having recently completed multiple significant CapEx investments; thus, allowing new ownership to enjoy minimal deferred maintenance throughout ownership. Additionally, the property is strategically located within the Southeast Houston Submarket, with an abundance of employment opportunities and unmatched connectivity to various interstate highways. 

Investment Highlights

  • Operational Efficiencies & Professional 3rd Party Management
  • Proven Value-Add Program
  • Strong Submarket Fundamentals and Location

Contact Information

John Parducci Director P: 972.750.6850
O: 800.746.3175 ext. 7042
Chris Carland Director P: 501.313.6553
O: 800.746.3175 ext. 7048
Trevor Hubbard Director P: 214.862.8366
O: 800.746.3175 ext. 7052
Sean Holamon Director P: 303.588.2119
O: 800.746.3175 ext. 7058
Thomas Bahr III Investment Sales Advisor P: 609.751.4930
O: 800.746.3175 ext. 7049