HOUSTON, TX - Southern Realty Advisors announced that it has sold Northern Pines Apartments, a 57 unit apartment complex in Dickinson, Texas. Julia McManus, Partner at Southern Realty Advisors, negotiated the quick sale between the Houston based seller and California based buyer.
Constructed in 1972, Northern Pines was roughly 30% occupied at the time of the sale. The below market rents and occupancy made it an attractive investment with substantive up-side potential.
Southern Realty Advisors is an Austin and Houston based real estate firm focused exclusively on the sale of multifamily. Southern Realty Advisors (SRA) is an independent real estate brokerage company specializing in the sale and financing of multifamily properties locally and nationwide. SRA has vast experience working in and around the Houston area and the surrounding Texas markets.
For more information, please call Southern Realty Advisors at 281.657.7981, email info@southernra.com or, visit www.southernra.com
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