Houston: 700 units sold, indicates active multifamily year

HOUSTON – Transwestern’s Houston Multifamily Investment Sales Group completed the sale of four Houston multifamily properties totaling 704 units. The four projects are:

•  Cancun Apartments, a 324-unit, garden-style community located at 1855 Wirt Rd., was purchased off-market by DCM Cancun LP. 

•  Huntington at Stonefield, a 264-unit, garden-style community located at 13100 Stonefield Dr. 

•  Legacy Apartments, a 70-unit, garden-style community located at 3905 and 4515 Lockwood Dr. 

•  Hidden Pines, a 46-unit, garden-style community located at 7611 Jalna St. 

Click for Transwestern’s Houston Multifamily MarketWatch March 2015 (PDF).