HOUSTON – Dalcor Cos. has acquired the Vista at Gessner for $51 million, or nearly $63,000 per unit.
The property was 93 percent leased at the time of sale.
The 810-unit apartment complex is located at 6425 S. Gessner Dr. in the Sharpstown Multifamily submarket of southwest Houston.
The 590,685-sf complex consists of one- and two-bedrooms, averaging 728 sf.
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