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Houston apartment community trades handsHouston apartment community trades handshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=259452021-05-19T05:00:00Z2021-05-19T20:00:00Z

​HOUSTON – San Antonio-based REEP Equity has purchased Residences 2727, a 171-unit apartment complex on 3.7 acres at 2727 Elmside Dr. 

The property has one- and two-bedroom units averaging 917 sf.

Amenities include a pool, fitness center, pet park, and resident lounge. 

JLL arranged fixed-rate acquisition financing through NexBank. 

REEP will implement a value-add program that will include the addition of a business center.

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

​Source: REBusiness Online

REBUSINESS
Houston-The Woodlands-Sugar Land
Multifamily
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