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Willow Ridge Apartments soldWillow Ridge Apartments soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=251652020-11-10T06:00:00Z2020-11-10T17:00:00Z

​​​​HOUSTON – Alfa TX Investment Group has purchased Willow Ridge Apartments.

The 262-unit multifamily community was built in 1977 at ​​12800 Dunlap St. It has one​- to three-bedroom floor plans and amenities such as a pool, business center, and clubhouse. It had an average occupancy rate of 93 percent over the past five years.

JLL represented the seller, Sentinel Capital LLC. The firm also arranged a ten-year, fixed-rate Fannie Mae acquisition loan on behalf of the buyer.

Texas logoThe Real Estate Center​​​​ has more information like this online for free:

​Source: REBusiness Online

REBUSINESS
Houston-The Woodlands-Sugar Land
Multifamily
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