HOUSTON – The Flats at West Alabama, located at 3623 W. Alabama St., has been purchased by Capital Square.
The 304-unit apartment complex has one-, two-, and three-bedroom floor plans. Rents vary from $1,700 for a one-bedroom to $3,400 for a three-bedroom.
Amenities include a clubroom, business center, gaming lounge, sky lounge, two outdoor courtyards, and a resort-style pool.
Walker & Dunlop represented the seller, Atlanta-based Wood Partners, and structured acquistion financing for Capital Square.