Aug 22, 2019
384-unit Boterra Bay sold, rebranded
BAYTOWN – Passco Cos. has acquired Boterra Bay Apartments, a 384-unit multifamily community at 99 W.E. Cedar Bayou Lynchburg Rd. Floor plans consist of one-, two-, and three-bedroom units that feature...
BAYTOWN – Passco Cos. has acquired Boterra Bay Apartments, a 384-unit multifamily community at 99 W.E. Cedar Bayou Lynchburg Rd.
Floor plans consist of one-, two-, and three-bedroom units that feature granite countertops, stainless steel appliances, and walk-in closets.
Amenities include a pool, fitness center with yoga and spin studios, outdoor kitchen with grilling stations, dog park, business center, and resident clubhouse.
The Class A property will be rebranded Sapphire Bay Apartments.
Newmark Knight Frank represented the seller, a joint venture between The Boterra Group and Edison Capital Holdings.
KeyBank Real Estate Capital secured acquisition financing on behalf of Passco.
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