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HOUSTON – Locally based Indus Management Group has acquired Vanderbilt Court, a 164-unit garden-style apartment complex from 37th Parallel.
The Class B asset on five acres at 12630 Ashford Point Dr. recently underwent $1.2 million in renovations.
Built in 1983, it offers studio units and one- and two-bedroom townhomes averaging 835 sf.
HFF represented the seller and procured the buyer.
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