HOUSTON 12/12 CO-LIVING (12 Beds / 12 Baths)
A purpose-built co-living duplex building designed to deliver strong cash flow, durability through affordability-driven demand, and meaningful depreciation benefits.
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Important note: This page is for education and evaluation. It is not tax, legal, or investment advice. (See disclaimer below.)
What is Co-Living?
Co-living is professionally managed shared housing where residents rent a private suite and share high-quality common spaces. It’s designed to be more affordable than renting an entire apartment—without sacrificing privacy.
How it works:
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Private by default: Residents lease a private bedroom—often with a private en-suite bath.
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Shared convenience: Kitchens, living areas, and laundry are shared and intentionally designed for multiple residents.
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Turn-key living: Rooms are often furnished and utilities-included, making budgeting and move-in simple.
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Professionally operated: Screening, house rules, maintenance, and resident experience are managed like a real asset—not “random roommates.”
Why residents choose it: Lower monthly cost, flexibility, and access to high-demand locations without committing to a full unit lease.
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What a Typical Co-Living Project Looks Like
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Evergreen focuses on purpose-built co-living—ground-up construction designed for performance and smoother operations.
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A typical project includes:
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Multiple private suites leased suite-by-suite (improves affordability and supports occupancy)
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Durable finishes and layouts designed to reduce wear, turnover friction, and maintenance
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Operational features that “design out friction” (e.g., private baths, efficient circulation, multiple laundry areas)
Example: The Houston 12/12
Duplex 2-story buildings totaling 12 private en-suite suites (12 beds / 12 baths) in Houston infill—built to stabilize through affordability-driven demand and deliver long-term value.