HOUSTON – Avesta Communities acquired the 426-unit Chateaux Dijon Apartments in an off-market transaction topping $45 million.
The project is set on 10.8 acres at 5331 Beverly Hill St., within walking distance of the Galleria.
Chateaux Dijon is a mix of one-, two-, three-, and four-bedroom apartments, ranging from 510 sf to 1,380 sf.
Chateaux Dijon was 90 percent leased at sale time, and is Avesta’s third acquisition in the Houston metro.
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