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Harbor Group closes on 232 Houston unitsHarbor Group closes on 232 Houston unitshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=225422019-05-23T05:00:00Z2019-05-24T00:00:00Z

​​​HOUSTON – Harbor Group International has purchased The Arrabella, a 232-unit multifamily complex on 10.5 acres at 10902 Katy Fwy.

The 17-building property consists of one-, two-, and three-bedroom units with floor plans ranging from 1,094 to 1,749 sf. 

It includes common-area amenities such as two conference rooms, a pool, and fitness center.

Newmark Knight Frank originated a $39.6 million Freddie Mac loan for the buyer. 

Asset Plus Cos. represented the seller. As of April, the asset was 90.1 percent occupied, according to Yardi Matrix.
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Houston-The Woodlands-Sugar Land
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