Louetta Creek is a 22 building, 44 unit, single plat build-for-rent community in the Spring submarket of Houston,TX. This high growth market offer renters a best-in-class, single-family living experience with exceptional connectivity to nearby retail, entertainment, high quality schools, and employment drivers. The residences consist of 3-4 bedroom homes, with large floor plans (1,891 Avg SF), high end finishes and attached garages. The development is newly completed and now stabilized. The property offers investors a unique opportunity to acquire a build-for-rent community in one of Houston’s most desirable submarkets from highly reputable developer. - Unique opportunity to acquire a high-quality BFR property in the nation’s 4th largest city - 44 units in a high-growth suburban location - The community is fully built and stabilized with rent upside - Demonstrated discount of rent vs. own - Limited supply of competitive rentals in market - Seasonally-adjusted BFR/SFR rent growth on new leases has maintained over 10% growth over the last 4 quarters, with supply-side constraints supporting higher forward looking projected growth vs. traditional multifamily