Chateau Nederland

Chateau Nederland is a 178-unit, two-story garden-style apartment community located on 8.27 acres in the Nederland Downtown Submarket, offering a variety of one-, two-, and three-bedroom units. The property features 22 buildings with brick siding and mansard roofs, and amenities include a pool, two laundry facilities, a dog park, and professionally maintained landscaping. It is conveniently located near retail, highly ranked Nederland ISD schools, and just 8 miles from Lamar University.

In 2019, Chateau Nederland completed nearly $2,000,000 in capital improvements, including new roofs, perimeter fencing, siding, and the addition of a dog park. Twenty-three units have been upgraded with new floors, appliances, and fixtures, resulting in $150/month rent increases. Deferred maintenance has been addressed across the remaining 155 units, with fresh paint, new floors, windows, and updated fixtures. These units are ready for further upgrades, with projected rent increases of $200-$250 per month. Additional income can be generated by adding washer/dryer connections, charging for covered parking, and offering private patios.

Chateau Nederland is well-positioned to benefit from the area’s strong economic growth, projected at over 18% over the next ten years. Key sectors, including manufacturing, distribution, construction, medical, and education, are driving this expansion, with $84 billion allocated for new facilities and upgrades in the Golden Triangle. With housing in short supply for new employees and workers, Chateau Nederland is poised to capitalize on this growth. The surrounding 5-mile area has a population of 65,122, 29,660 jobs, and a median income of $70,500, ensuring a strong demand for housing.