CYPRESS - Greystar has sold the 273-unit Greystar Cypress Village, at 25222 Northwest Fwy., to Momentum Real Estate Partners.
Constructed in 2008, Greystar Cypress Village is located within Houston’s first transit-oriented mixed-use lifestyle development which includes 100,000 sf of retail space and a 1,500 space parking facility for the Cypress Park & Ride.
The apartment community is 97 percent occupied.
The population is projected to grow more than 23 percent within a one-mile radius of the property over the next five years.
Read more at MultifamilyBiz.com.
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