Vizcaya Apartments, a 312-unit apartment complex in West Houston/Katy built in 2004.
Vizcaya is well-connected to employment centers in West Houston, with 82,000 jobs within a five-mile radius and 410,000 jobs within a ten-mile radius. This includes key areas such as the Texas Medical Center West Campus and the Energy Corridor.
The property is highly sought after due to its zoning within Katy ISD, the top-rated school district in the Houston MSA. Residents enjoy convenient access to 6.1 million square feet of retail within three miles of the property
Built in 2004, Vizcaya Apartments is the perfect blend of relaxation and modern living with its resort-style pool and a state-of-the-art amenities.
Beginning in May 2024, LSC started tracking this deal. Pressure from equity led to the seller’s capitulation to sell. LSC became the buyer of choice due to two successful closings with the same seller in 2024.
Since 2018, the owners of Cortland Vizcaya have completed ~$2M of major renovations, leading to substantial rental increases and high, steady occupancy. LSC and its investors will take over a turnkey community with stable returns and minimal concern about major capital projects in the future.
Our business model focuses on further enhancing unit interiors to maximize appeal and functionality. Upgraded units feature modern design elements and the remaining units retain their classic charm. This balanced approach provides opportunities for targeted improvements, catering to diverse resident preferences while driving increased value.
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