CALABASAS, Calif. – Locally based Strategic Realty Holdings has purchased three Texas multifamily properties from Casoro Group for $34.3 million.
The assets are the:
252-unit Cypress Ridge Apartments at 2331 Bammelwood Dr. in Houston;
236-unit Highland Cross Apartments at 411 Highland Cross Dr. in Houston; and
204-unit 5Fifty Apartments at 550 Heimer Rd. in San Antonio.
All the assets are Class B, garden-style properties. The Houston buildings were both built in 1980.
The Texas Real Estate Research Center has more information like this online for free:
Source: Connect Media