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​HOUSTON – Urban Flats Builder is in the preconstruction phase of Park on Caroline at 4810 Caroline St. in the Museum District. 

The five-story Park on Caroline will contain 40 one- and two-bedroom units.​

There will be ten one-bedroom units that offer 1,100 sf of space and 30 two-bedroom units that offer between 1,291 sf and 1,387 sf.

The average monthly rent for a Park on Caroline unit will be $3,227.​​ 

The project's current valuation—when marketed as a condo project—is more than $18.6 million.