Pearland: Villas at Shadow Creek sold for $74MPearland: Villas at Shadow Creek sold for $74Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=28792014-11-12T12:44:00Z2014-10-06T08:45:00Z

PEARLAND - Villas at Shadow Creek, a 560-unit multifamily apartment community, has been purchased for $74.0 million.

The community is currently 95 percent occupied. Average monthly rentsĀ are approximately $1,200 per unit.

Toronto-based Milestone Apartments REIT purchased the community.

Realty News Report
Houston-The Woodlands-Sugar Land
http://realtynewsreport.com/2014/10/05/rnr-apartment-briefs-9/Read more at {Source}

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