League City: $44M strolls to 352-unit Walker CommonsLeague City: $44M strolls to 352-unit Walker Commonshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=37202014-07-02T14:33:00Z2014-07-02T10:08:00Z

LEAGUE CITY - Walker Commons, a 352-unit apartment complex, has sold for $43.8 million, or approximately $124,000 per unit.

Walker Commons was constructed in 2008 on 18.7 acres. The community consists of 12 two- and three-story buildings.

On-site amenities include a clubhouse, athletic center, swimming pool, outdoor living room with a fireplace and a poolside cabana with grills.

Canadian-based Pure Multi-Family REIT LP purchased the property from Sunstone U.S. Opportunity Realty Trust. Sunstone originally acquired the Walker Commons in June 2010 for $29.5 million.

Read more at CoStar Group.

CoStar Group
Houston-The Woodlands-Sugar Land
http://www.costar.com/news/article/pure-multi-family-reit-pays-$438-million-for-walker-commons/161819Read more at {Source}

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