Multi-housing / PRS

Marquis at Cinco Ranch

5303 S Mason Rd Katy, Texas United States 77450-7150
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2011
Building Area
Land Area ()
Number of units 260

Property description

Marquis at Cinco Ranch is a 95% occupied, 260 unit complex located in the Katy Submarket with elevated apartment living and 100% attached garages and spacious floor plans

Investment highlights

Property Highlights

Positioned in Booming Katy Submarket

  • 8.2% T3 Rent Growth with Property Achieving 11% Trade Outs
  • 4,146 Units Absorbed over the Trailing 12 Months
  • 15.3% Projected Population Growth (2021 – 2026)

Located in Cinco Ranch

  • #3 Best Suburb to Live in Texas
  • Zoned Highly Acclaimed Katy ISD (A+ Overall Niche Grade)

Unique Asset Offering Elevated Apartment Living

  • Low Density Design
  • 100% Attached Garages and Spacious Floorplans
  • 30% of Tenants Have Leased at the Property Since 2018 or Earlier

Affluent and Educated Population in 1-Mile Radius

  • $171,594 Average Household Income
  • $410,772 Average Home Value
  • 64.7% of Population Holds a Bachelor’s Degree or Higher
Last Updated Date: 30 Sep 2021
Dustin Selzer
Dustin Selzer
Senior Director, Capital Markets
Broker Licenses
TX-728983
Jett Lucia
Jett Lucia
Director, Capital Markets

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Last Updated Date: 30 Sep 2021

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