For Sale I THE VICTORIAN

THE OFFERING

Colliers is pleased to offer for sale to qualified investors The Victorian Apartments—a stabilized, garden-style multifamily community located in the Alief submarket of Houston, Texas. This asset features an attractive assumable loan with a 3.79% interest rate, maturing in 2032. The irreplaceable financing provides the future owner with downside protection and the opportunity for superior returns throughout the loan term.

The Property is situated at 9400 Coventry Square Drive and consists of 172 units across approximately 8 acres. Originally constructed in 1984, The Victorian has benefited from recent renovations including modernized unit interiors and community amenities, positioning the asset for immediate income generation with longer-term value-add potential.

The Property features one- and two-bedroom floorplans averaging 750 square feet, with current rental rates ranging from approximately $774 to $1,195 per month. Community amenities include a resort-style swimming pool, gated access, clubhouse with business center, and on-site laundry and maintenance services. The Property is currently performing at stabilized occupancy and generates consistent in-place cash flow.

The Victorian benefits from proximity to major employment hubs including the Westchase District, Energy Corridor, and the greater Southwest Houston
industrial markets. This location appeals to budget-conscious renters seeking affordable quality housing with access to regional transportation corridors.