Hilltop Residential Acquires 300 Unit Apartment Property in Katy, Texas
HOUSTON – Hilltop Residential, a Houston-based multifamily real estate investment company, has acquired a 300-unit apartment property located in Katy, Texas. The Class A property was built in 2016 and offers residents an array of high-quality amenities in a fast-growing location.
“We are excited about buying a newer property that we can add value to” said Greg Finch, president of Hilltop Residential. “Our plan is to implement our management platform that is laser focused on customer service, so the property will excel in its market. We will also add value to the property by adding 51 yards, fine tuning amenities and curing deferred maintenance.”
Hilltop Residential was formed in 2017 to acquire and renovate multi-family real estate assets that have strong market potential in Texas and the southern U.S. Since opening 14 months ago, the company has purchased roughly 2500 apartment units across the state of Texas. Target properties are well located, built in 1995 or later, and can be repositioned to maximize returns for investors.
About Hilltop Residential
Headquartered in Houston, Hilltop Residential provides investors with tax-deferred income and capital appreciation by acquiring and renovating multi-family properties located in the southern United States. Hilltop invests in cities and neighborhoods with strong demographics and positive employment growth. For more information, visit www.livehilltop.com.