1,110 Units Spring Branches to sale in Houston

HOUSTON – Three adjacent multifamily properties totaling more than 1,100 units in the Spring Branch submarket have been acquired.

Los Angeles-based Nimes Capital — the private investment arm of Nazarian Enterprises — acquired the properties with a plan to renovate the units; the firm will also update the exteriors and improve common-area amenities.

The communities are Kempwood Hollow, Kempwood Place and Spring Shadows.

• Kempwood Hollow, located at 9999 Kempwood Dr., are a mix of one- and two-bedroom units ranging from 765 sf to 1,110 sf.
• Kempwood Place, located at 10,010 Kempwood Dr., are a mix of one- and two-bedroom units ranging from 607 sf to 903 sf.
• Spring Shadows, located at 10,105 Kempwood Dr., are a mix of one-, two- and three-bedroom units ranging from 555 sf to 1,296 sf.

Read more at Globe St.