Wichita Falls 228-unit Timbers and Heritage House sold
WICHITA FALLS – The Timbers and Heritage House, a 228-unit apartment portfolio asset, has been sold a private investor.
The combined occupancy rate for both properties was 92 percent at the time of listing.
The Timbers is located at 504 Kemp Blvd. and Heritage House is located at 500 Fillmore St.
Both properties are just south of Seymour Hwy., placing residents minutes away from Midwestern State University, Downtown and Sheppard Air Force Base.
The Timbers was built in 1963 and is situated on 2.67 acres, and Heritage House was built in 1972 and is situated on 4.05 acres.
Heritage House consists of 18 efficiency units, 92 one-bedroom, one-bath units, 16 two-bedroom, two-bath units and 14 two-bedroom, two-bath units.
tag: Wichita Falls news
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