Feb 25, 2016
Crow’s Nest, Harbor Walk to 314-unit League City apartment buy
LEAGUE CITY - 29th Street Capital (29SC) has acquired a 314-unit multifamily real estate portfolio in League City. The two apartment communities are located within 1.5 miles of each other...
LEAGUE CITY – 29th Street Capital (29SC) has acquired a 314-unit multifamily real estate portfolio in League City.
The two apartment communities are located within 1.5 miles of each other in the Clear Lake submarket of Houston.
Crow’s Nest Apartments, a 176-unit complex built in 1984 with mostly one- and two-bedroom units sold.
Harbor Walk Apartments, a 138-unit complex built in 1987 and made exclusively of two- and three-bedroom units was also sold.
The firm plans $1.6 million worth of renovations, which include a new appliance package, microwaves, better kitchen lights and accent walls.
Exterior improvements are planned as well.
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