Lencor Apartments, located at 724 E 11th St in Houston’s highly sought-after Heights neighborhood, The Heights is a vibrant, high-demand area that attracts young professionals, ensuring strong rental demand and minimal vacancy risk. Lencor Apartments offers a prime investment opportunity with 25 fully occupied units, including 24 efficiency units ; 1, two bedroom and one bathroom unit. The property features significantly under-market rents, presenting immediate potential for value appreciation through renovations and rent increases. Additionally, there is an opportunity to acquire the adjacent single-family residence bringing the total land assemblage up-to 25,000 square feet, providing further development potential. Investors can pursue a value-add strategy or hold for future redevelopment in this rapidly evolving neighborhood. With solid cash flow and substantial upside potential via upgrades or redevelopment, Lencor Apartments is an asset with significant growth prospects