HOUSTON - The 438-unit Limestone apartment community, located at 14723 W. Oaks Plaza St., has been purchased by LYND Residential Properties (LRP), the multifamily property investment arm of LYND.
More upgrades are planned such as spiffing up interiors and common areas and amenities in order to bring it up to Class A standards.
The multifamily property, built in 1999 by Fairfield Residential, is assessed by the Harris Central Appraisal District at $14.1 million. Post Investment Group purchased the asset out of bankruptcy, fixed it up, and sold it to LRP.
Read more at GlobeSt.com.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.