HOUSTON, Aug. 13, 2024 /PRNewswire/ -- NAS Investment
Solutions (NASIS), a national property investment sponsor known for
high quality passive real estate investments with reliable yield
performance, has created a new opportunity for accredited real
estate investors with the acquisition of Tranquility Grove
Townhomes. The property acquisition also creates an investment
opportunity for 1031 Exchange investors, who are in immediate need
of a quality replacement property. The property investment is also
suitable for self-directed IRAs.
Tranquility Grove Townhomes is in a prime North Houston location, surrounded by a
vibrant economic landscape consisting of numerous major employment
hubs. The gated community consists of ninety-two townhomes with
unique private attached garages. The property features an average
home size of 1,032 square-feet and is located approximately
nineteen miles north of downtown Houston and ten miles west of George Bush
Intercontinental Airport. New roofs were recently added to all
buildings on the 5.89-acre site which features community amenities
such as a pool with deck furnishings, fitness center, playground,
and a renovated clubhouse with copy and fax services.
Townhome interiors include washer and dryer hookups, central air
and heating, a modern appliance package and private patios.
Thirty-seven of the property's ninety-two townhomes have been
renovated with modern interiors such as laminate-style wood
flooring, shaker-style cabinets with pulls, and modernized light
fixtures. Renovation of the remaining fifty-five units is an
excellent value-add opportunity for investors.
National Asset Services (NAS), one of the Country's leading
commercial real estate companies, known for maximizing property
value in all economic situations while enhancing residents' living
experience, will be responsible for overseeing property management
as well as asset managing the multifamily complex for the
property's investment clients.
"We are excited to offer our clients the opportunity to invest
in this unique townhome property in a prime North Houston submarket with tremendous
economic upside potential. This acquisition provides an excellent
opportunity for 1031 Exchange investors anticipating a close on
their down leg property in 2024," commented Karen E. Kennedy, President and Founder
of NAS Investment Solutions and National Asset Services. "The
local area is a thriving hub of diverse industry and innovation
that is on a solid path to more growth and development, and we are
excited to be part of it."
Accredited investors seeking more information on this
sponsor-owned property should
visit nasinvestmentsolutions.com and contact Karen
E. Kennedy at kkennedy@nasassets.com or at
310.988.4240.
About National Asset Services (NAS)
Since 2008, NAS has served over 2,600 investment
clients and has established an impressive record for investment
property management. The history includes generating over $660
million in cash distributions to property investors and
managing a commercial real estate portfolio of 186 diverse
commercial properties, comprised of over 25 million square feet, in
thirty-one states. The overall value of NAS' managed portfolio in
the company's 15-year history, totals over $3.38 billion.
Visit nasassets.com for more information.
About NAS Investment Solutions (NASIS)
NAS Investment Solutions was established to leverage
National Asset Services' experience in investment property
management by identifying, acquiring, and enhancing commercial real
estate investments across all sectors of the real estate industry.
NAS Investment Solutions is recognized nationwide for its
sponsorship of high-quality DST investment programs that offer
investors well-performing assets that produce reliable yields.
All the company's investment properties offer multiple benefits
for investors including:
- Reliable cash flow from day one, paid monthly by direct
deposit
- Benefits of ownership, including mortgage interest deductions
and depreciation
- The loan is non-recourse to all investors
- Management Free Ownership
- Ability to invest in larger assets on a fractional basis
- Self-directed IRA suitable
- All Properties qualify for 1031 Exchange
The company's website, nasinvestmentsolutions.com offers
investment articles, comprehensive information, and a free guide on
the 1031 exchange process and for investors seeking passive DST
property investments.
Contact
JW Robison
381749@email4pr.com
310-795-8985
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SOURCE NAS Investment Solutions