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Miami buyer picks up Houston apartments

HOUSTON – ​Miami-based Elandis has purchased Waters at Westchase, a 260-unit apartment community ​at 11490 Harwin Dr. 

Built in 1979, the asset includes one- and two-bedroom units. 

Elandis purchased the asset in​​ a joint venture with M&G Investments and Libra Group. 

The new ownership will implement a value-add program. 

Texas logoThe Texas Real Estate Research Center​​​​ has more information like this online for free:

​Source: REBusiness Online​​

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