HOUSTON – REIT Nexpoint Residential Trust Inc. has sold Hollister Place, a 260-unit apartment community.
Built in 1997, the property has one-, two-, and three-bedroom units. Amenities include a pool, fitness center, business center, clubhouse, lounge, and onsite laundry facilities.
It was 93 percent occupied at the time of sale.
Nexpoint acquired the property in 2017.
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Source: REBusiness Online