Oct 17, 2019
Lakes of 610 dealt to new owner
HOUSTON – Starwood Capital Group has sold the 276-unit Lakes of 610 at 2701 W. Bellfort Ave. to Western Wealth Capital.Completed in 1983, the gated community consists of one- and...
HOUSTON – Starwood Capital Group has sold the 276-unit Lakes of 610 at 2701 W. Bellfort Ave. to Western Wealth Capital.
Completed in 1983, the gated community consists of one- and two-bedroom apartments in 18 three-story buildings.
Amenities include a pool with spa, outdoor grilling area, and clubhouse.
As of August, the property was 91.3 percent occupied, according to Yardi Matrix.
Berkadia originated a $19.7 million Freddie Mac loan for the new owner.
The Real Estate Center has more Houston multifamily news online.
Source: Multi-Housing News
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