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Investment Summary

Price: Market
Terms: All Cash
YOC: 1999
Total Units: 322
Total Square Feet:  283,568
Total Acreage: 13.70
Average Unit Square Feet:  881
Average Rent/Unit:  $973
Average Rent/Square Feet:      $1.10

Investment Highlights

  • Distinctive, institutional quality community and one of the top performers in its sub-market with an exceptional location, an exclusive selection of amenities, and low resident turnover.

  • Outstanding location with tremendous visibility and access from Interstate 45 and Bay Area Boulevard and less than five miles from the Sam Houston Tollway (Beltway 8).

  • Within one mile of five major shopping centers totaling approximately 2.1 million square feet including the adjacent 1.1 million square foot Baybrook Mall, Houston’s second largest mall in terms of sales per square foot with 170 stores and 15 million visitors annually.

  • Strategically positioned to provide direct access to multiple employment centers including Clear Lake, NASA’s Johnson Space Center, the Texas Medical Center, and Downtown Houston.

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© CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The Lodge at Baybrook
19100 Glenwest Drive 
Friendswood, Texas 77546

G. Craig LaFollette
Executive Vice President
T 713.787.1977
E craig.lafollette@cbre.com

J. Todd Stewart
Executive Vice President
T 713.787.1919
E todd.stewart@cbre.com

M. Todd Marix
Senior  Vice President
T 713.787.1981
E todd.marix@cbre.com

Tre T. Banks
Senior  Associate
T 713.787.1967
tre.banks@cbre.com
 
© 2010 CB Richard Ellis | Last Modified:Friday, April 18, 2008
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