Next Investments Acquires 292-Unit Vintage Park Apartment Community in Houston, Texas

HOUSTON, TX – Next Investments Acquires 292-Unit Apartment Community In The Northwest Houston.

Vintage Park Apartments is located at on HWY 290 at the intersection of 290 and W 43rd St. The 292-Unit apartment complex was built in 1972 and sits on approximately 13 acres. The property has seen improvements over the years and Next Investments plans to continue with the capital improvements.

Vintage Park Apartments on YouTube

Vintage’s Strategic location in North Houston Provides residents with easy access to many of the largest employers in the sub-market. Vintage is located in one of the busiest area’s of Houston, and is a very well located property with frontage off of 290. The area is flourishing with several shopping centers as well as restaurants. The finest retail and some of the best restaurants can be found only 15 minutes away at The Galleria. The property is located in a growth epicenter, and the Submarket has experienced substantial rental in the last six months. The Garden Oaks/Oak Forest, Spring Branch East, and Shady Acres subdivisions are just a few miles away.

Hwy 290 has been under construction since 2010 and once completed by 2019, it will be expanded to several lanes on both side. Most major construction along the main lanes of U.S. 290 will end in 2018. Officials expect the population along the corridor to roughly double from 2010 to 2035 to about 1 million people. Currently, about 215,000 vehicles travel the freeway east and west of the Sam Houston Tollway each weekday.

About Next Investments
Located in Houston, Texas Next Investments is a Commercial Real Estate Investment company specializing in the acquisition and development and multi family, office, industrial, retail, mixed-use, and assisted living properties in high growth cities across the US.  Next Investments invests directly in projects and also works in conjunction with real estate sponsor, partners, and accredited investors.