Number of Units: 252
Year Built: 1997
Acquisition Date: January 2025
Wildwood Forest is a superbly located and stabilized asset with recognizable opportunities for value-add creation proven in the submarket.
Sourced through proprietary channels, Sentinel will be executing both an operational efficiency and renovation value-add business plan, tightening expenses and growing revenues through classic unit rehab and exterior amenity enhancements.
In addition, the asset and market dynamics support steady organic rent growth resulting from new supply constraints in this high barrier to entry location, as well as the exceptionally strong demographics. Sentinel recognized the area’s robust fundamentals, including a diverse and growing job market as well as the thriving population growth. Submarket employment ranges from healthcare, education, energy, chemical, professional services, utilities, and transportation & logistics. The population growth of the submarket has averaged 5.3% a year since 2020, notably above the MSA, State and National figures.
Wildwood’s tenant catchment area encompasses Springwood Village and The Woodlands, creating asset demand from both affluent townships.