Sharpstown sale: $51M for 810-unit VistaSharpstown sale: $51M for 810-unit Vistahttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=192522018-03-05T06:00:00Z2018-03-04T19:25:00Z

​​​​– Dalcor Cos., a multifamily investment and management firm, has acquired the Vista at Gessner in Houston for $51 million, or nearly $63,000 per unit. 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. 

CoStar Group
Houston-The Woodlands-Sugar Land

Free data and no sign-ups for Houston Multifamily Market Data 2018.

Read the full article at {Source}

 Search NewsTalk Texas