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Houston: 294-unit Oaks of Cypress Station soldHouston: 294-unit Oaks of Cypress Station soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=18952015-01-26T08:22:00Z2015-01-26T00:00:00Z

HOUSTON - The Oaks of Cypress Station, a 294-unit community located on 11.24 acres at 1000 Cypress Station Dr., has been sold.

Renovated in 2002, the community features three swimming pools, a clubhouse, spa, fitness center and some units come equipped with a fireplace. The unit mix consists of one- and two-bedroom floor plans.

Just west of I-45, the community sits in close proximity to major area employers the Northwest Medical Center and Greenspoint Business District, and five miles north of the 389-acre ExxonMobil office campus.

Fort Worth-based Panther FW Investments teamed up with a local multifamily investment group to acquire the property. Panther plans to increase rental revenue with extensive interior and exterior upgrades.

CoStar Group
Houston-The Woodlands-Sugar Land
Multifamily
http://www.costar.com/News/Article/Panther-FW-Investments-Closes-on-Second-Multifamily-Investment-in-Houston/167874Read more at {Source}

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