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Bluerock purchases three-property multifamily portfolio

​​​​AUSTIN – New York-based Bluerock has acquired two Texas multifamily complexes from Gamma Real Estate. 

Elan Apartment Homes at 1​3145 N. SH 183 has 270 one- and two-bedroom units. Rents range from $950 to $1,415 per month. 

Parmer Place at 12101 Dessau Rd. offers 290 one- to three-bedroom units. Rents range from $1,306 to $1,796 per month. 

Both properties include a pool, pet park, fitness center, clubhouse, and business center. 

Bluerock also acquired a 266-unit apartment complex in Morrisville, N.C., as part of the portfolio.

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