Adenine
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Class:
Class A Multifamily Asset
Location:
1755 Wyndale St. Houston, TX
Units:
265 - One 6-Story Residential Building
Investement:
Basis Cost / Property Appreciation
Prospect Woods Capital partner Madera is pleased to share that Adenine’s current rent is far ahead of the year 1 projection. The Madera team is in the process of carefully crafting renovations to maximize the property’s value and capture the future potential of the area.
Adenine is perfectly positioned in the heart of the Texas Medical Center. Adenine provides luxury living in the landlocked medical center. The planned multi-billion-dollar developments within the Medical Center will bring new office space, retail, restaurants, and lifestyle enrichments to the neighborhood that will continue to increase demand for housing within the submarket.
