Broadstone Briar Webinar

Direct Investments, Opportunities, Webinars

Alternative Investors Mastermind Postcast

Hosted by Jack Krupey

Alternative Investors
Mastermind Postcast

Hosted by Jack Krupey

JKAM and our Operating Partner are targeting an April close on Broadstone Briar Forest, a 342-unit, 1983 vintage multifamily property in the Briar Forest submarket of Northwest Houston.

Off-Market Deal: first saw Broadstone in Fall 2021 in a closely
shopped process that did not result in a transaction. Through
“hanging around the hoop” and our strong local relationships, we
were able to secure the deal off-market at a 4.4% cap rate, avoiding
full marketing and a costly bidding war.

Area: The property sits in a highly desirable residential area, just
around the corner from Ray Daily Elementary School and across the
street from the Village School, a $30,700 /year boarding school
ranked #2 in Texas by Niche.com.