Harvest Moon Apartments

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Address: 1100 Hwy 90 W, Sealy, TX 77474, USA
Created date: January 13, 2025
Date last updated: January 23, 2025

Value-Add:

  1. Electronic Package Lockers
  2. Storage Units
  3. Covered Parking

Highlights:

  • High Median Household Income – $70,120 – 5-Mile Radius
  • Unit Mix that Offers Large Floorplans – Up to 1,291 SF
  • 66% Two-Bedroom Units
  • Within the Commuter Range of Katy and Houston – The 4th Most Populous City in the U.S.

Property Description

Summary: Harvest Moon is a 75-unit Class-A, property in Sealy, Texas strategically positioned off Interstate-10, the corridor linking San Antonio and Houston. The asset is just minutes from Katy, the premier Western submarket of Houston which is the 4th largest MSA in the nation. The city of Sealy residents are mostly commuters to Katy and Houston and boast a high median income of $70,120 in the immediate 5-mile radius (CoStar). The average effective rents are $1,192/month ($1.24 PSF). The current occupancy is 95% with submarket rates at 94% (Yardi). The 4-story building finished completion in the summer of 2021 and has a great unit mix featuring 66% (50) two-bedroom units, including (29) 1,025 square feet 2 bedroom/2 bathroom units. Every unit includes vaulted ceilings, floor-to-ceiling windows, balcony/patios, quartz countertops, brand-new stainless steel appliances, built-in microwaves, dishwashers, garbage disposals, washer/dryer connections, two-toned paint, and large walk-in closets. Location: Just 20 minutes east along I-10 sits the bustling city of Katy, with strong area demographics of ~340,000 residents in the MSA. Katy’s largest demand drivers are Amazon (800,000 SF Facility, 2020), Katy Mills Mall (1.3 million SF with over 175 stores), and LaCenterra - Cinco Ranch (300,00 SF of mixed-use development with retail, restaurants, apartments, and office space).

Key Property Information

Listing Status: Available
Listing Type: Auction
Property Types: Apartment Buildings
No. of Units: 75
Average Occupancy: 93
Year Built: 2021
Building Size: 72,234 Sq ft
Lot Size: 0.09 Acres
No. of Stories: 4
APN: 63947
Opportunity Zone: No
Property Website Click Here
Address: 1100 Hwy 90 W, Sealy, TX 77474, USA

Additional contacts

Full name Phone number Email address
Chris Siemasko 224.515.0607 [email protected]
Dylan Tomor 214.991.5818 [email protected]

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