Gables Residential Trust is finally leasing units in a small Inner Loop property that is different from its other local apartment complexes.
Gables CityWalk/ Waterford Square a 27-unit complex at 2120 Kipling, between Shepherd and Greenbriar, will be ready for occupancy in about two weeks. This project is unique for Gables because the firm's properties tend to be much larger.
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Gables CityWalk/Waterford Square Apartments offers a location with in minutes of Downtown Houston, the Galleria, Greenway Plaza, and the Texas Medical Center. Gables CityWalk/Waterford Square offers the convenience of being close to museums, theaters, and other cultural activities. Located between major thoroughfares, you will find abundant retail, restaurant, and entertainment facilities within walking distance from your home. They offer everything from three sparkling pools, beautiful landscaping to marble entries and wrap around kitchens.
The average unit size in the Kipling complex is 1,500 square feet. Rental rates start at $1.56 per square foot, which would put a 1,500-square-foot unit at $2,340 per month.
Gables is betting renters will pay more for the centrally-located apartments because they have upgraded interiors, specialty cabinets, wood flooring, whirlpool tubs and an elite level of appliances.