3402 Dover Street - 3402 Dover Street, Houston, TX 77017

▻ Attractive, low interest rate, assumable Freddie Mac loans in place. . ▻ Clean, well-maintained communities which were renovated “studs out” with new plumbing, wiring, roofs, windows, interiors and exteriors in 2016.. ▻ The properties have clean interiors; however, there is substantial room for interior upgrade premiums. Market comps show rents are $150 below market. . ▻ Management is not currently charging RUBS for water nor gas. Implementing RUBS should provide additional value-add and increase “other income” substantially.. ▻ Both properties currently up to date on Life Safety/Habitability and have Certificates of Occupancy. . ▻ Fantastic locations with easy access to highways, grocery stores, schools and parks.