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Timberwalk acquires 'same name' 300 unit-complexTimberwalk acquires 'same name' 300 unit-complexhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=162392017-04-04T05:00:00Z2017-04-04T22:00:00Z

​​HOUSTON – Timberwalk Associates has acquired the Timberwalk Apartment Homes, a 300-unit complex, located at 5635 Timber Creek Place Dr. in northwest Houston.

The partnership plans to invest $1.2 million to complete renovations started in 2014 by the seller, Mosaic Residential, which will add 1,500 units.

The complex spans 27 two- and three-story residential buildings plus four additional buildings on 10.2 acres.

The units range from 501 sf to 1,088 sf with an average rent of $845 a month.

The complex is in the Cypress Fairbanks Independent School District.

Timberwalk Associates is a partnership led by Dallas-based Performance Properties.
Houston Chronicle
Houston-The Woodlands-Sugar Land
Multifamily
http://www.chron.com/business/real-estate/article/Performance-Properties-makes-first-Houston-11046266.php

​Check out Houston Multifamily Market Research.

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