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Red Pines Apartments - 242 Units

3823 Red Bluff Rd, Pasadena, TX 77503

Red Pines Apartments is a Class C asset located in South East Houston. It was previously managed by a 3rd party management company and ran poorly. This presented an opportunity to acquire an asset at a significant discount to replacement cost and through a series of low-moderate cost rehab, implement an attractive interior package to push rents significantly The property was in need of modernization