3311 Houston Ave Mixed Use Investment Property

Heights Retail Market Overview:

The Inner Loop/Heights Submarket accounts for a large percentage of what comprises Houston's core. Over the past few years, the area has seen significant affluent population gains which has pushed spending power higher. Many flocked to the Heights to purchase and renovate some of the historic homes (and sometimes demolish them to build newer, upscale housing). This area is home to one of Houston's largest inventories of historic single-family homes and commercial buildings, which have soared in value. Land prices in many cases have more than doubled here in the past decade.

Heights Multifamily Market Overview:

The Heights is one of Houston's most sought-after areas by renters, developers, and investors. This fast-gentrifying area near downtown is home to one of Houston's largest inventories of historic single-family neighborhoods that, in the past, appeared to have high barriers to entry. However, developers have gotten savvier in recent years in acquiring plots of land for new development