Nov 14, 2017
Houston: Two apartments sold in $60M apartment acquisition
HOUSTON – One Real Estate Investment has sold Avalon at Royal Oaks and Village at Uvalde, totaling 882 units, to S2 Capital for $60 millionAvalon at Royal Oaks, located at 2310...
HOUSTON – One Real Estate Investment has sold Avalon at Royal Oaks and Village at Uvalde, totaling 882 units, to S2 Capital for $60 million
Avalon at Royal Oaks, located at 2310 Crescent Park Dr., is a 436-unit community that offers one-, two- and three-bedroom apartments ranging from 700 to 1,225 sf.
As of September 2017, the 46-building asset was 62.8 percent leased.
The property is within walking distance of Westchase Shopping Center and Kaleidoscope Shopping Center, as well as The Innovative School and The Briarwood School.
Village at Uvalde is a 40-building, 446-unit multifamily asset located at 250 Uvalde Rd. and features one-, two- and three bedroom units, ranging from 660 to 1,158 sf.
Village at Uvalde is within a mile of Northeast Square Shopping Center and offers access to Tice Elementary School and North Shore Elementary School.
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