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Houston: 312-unit Yorktown Crossing for $35MHouston: 312-unit Yorktown Crossing for $35Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=33552014-12-09T13:38:00Z2014-08-15T07:10:00Z

HOUSTON - Starlight U.S. Multi-Family (No. 3) Core Fund (The Fund) will acquire Yorktown Crossing, a 312-unit, garden style, Class A apartment complex, completed in 2010 and located at 15903 Yorktown Crossing Pkwy.

The Fund agreed to purchase Yorktown Crossing for approximately $35.2 million. Purchase of Yorktown Crossing is scheduled to close on or about August 28, 2014.

Yorktown Crossing consists of 13, three-story walk-up buildings on a 12.2-acre site comprised of one- and two-bedroom units. As of August 4, Yorktown Crossing's occupancy was 96.8 percent.

Amenities include a central clubhouse with a 24-hour fitness center, a media room with large screen TV and an executive business center. Outdoor amenities include a pool, fireplace, barbeque grilling area and putting green.

Wall Street Journal
Houston-The Woodlands-Sugar Land
Multifamily
http://online.wsj.com/article/PR-CO-20140813-906312.htmlRead more at {Source}

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