HOUSTON – Indus Management has acquired Sharpstown Garden Apartments, a 396-unit workforce housing community at 7575 Bissonnet St.
Built in 1960 and renovated in 2000, the property has one-, two-, and three-bedroom units.
Amenities include multiple pools, business center, and clubhouse.
The seller, Pryszant Management, had spent around $900,000 on capital improvements over the last four years.
JLL brokered the deal.
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Source: REBusiness Online