Beverly Palms

6061 Beverly Hill St, Houston, TX 77057, USA

SOLD

Constructed in 1970, this 362-unit, garden style apartment community is located approximately 1.5 miles from the Houston Galleria Mall, placing it in one of the strongest performing economic metro areas in the nation. Its location is also one of the top 5 submarkets in Houston for highest average rental rate.

Although the property was well-maintained, the most recent owner had a very conservative operating approach to maintenance, particularly since occupancy rates hovered around the 98% mark. To further enhance revenue growth, we budgeted approximately $1,000,000 for renovations. These included modernizing the property’s exterior by repainting, adding architectural enhancements, upgrading the common areas, and finally applying new finishes and fixtures in unit interiors.

Click here to view our case study for this property.

Houston Multifamily Portfolio

Westmount currently owns six multifamily communities totaling 1881 units in the Houston market:

Westmount at Braesridge – Acquired 2012

Westmount at Summer Cove – Acquired 2015

Westmount at London Park – Acquired 2017

Westmount at Copper Mill – Acquired 2017

Hollow Tree Park – Acquired 2018

Westmount at Eldridge – Acquired 2021

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