Sunset Crossing Apartments is a 328-unit, garden-style apartment complex in Houston, Texas.
Immediately after acquisition of the underperforming property, Ytech’s construction and management teams aimed to assess, create and execute an operational plan for improvements, reduced expenses and increased revenue in a timely manner. Ytech sold the property at an internal rate of return of more than 50 percent and at 94 percent occupancy.
The property consists of 20 two-story buildings situated on 12.31 acres with parking for 514 vehicles. The property is well located along two major thoroughfares in the western portion of Houston, about 13 miles west of the central business district.