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
Thompson Thrift Hosts Ribbon Cutting for 257-Unit The Concord Luxury Apartment Community in Sarasota's Southern Lakewood Ranch Area
Linc Housing Celebrates Milestone of 100 Affordable Housing Communities in California with Construction of The Corners at Belmont
Wood Partners Breaks Ground on 336-Unit Alta Bethpage Attainable Apartment Community in Fast-Growing Durham, North Carolina
Community Preservation Partners and Beacon Communities Announces Acquisition of Historic Brewery Square Apartments in Connecticut
The latest multifamily industry news delivered to your inbox
SARASOTA, FL - Thompson Thrift, a full-service nationally recognized real estate company and one of...
BELMONT, CA - Nonprofit Linc Housing announced the start of construction of The Corners at Belmont,...
DURHAM, NC - National multifamily developer Wood Partners announced the official groundbreaking of...
NEW HAVEN, CT - CPP (Community Preservation Partners), a mission-driven affordable housing...
CHARLOTTE, NC - WNC & Associates (WNC), a family-owned business known as both a pioneer and...
FRISCO, TX - Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE:...
SEATTLE, WA - Global real estate investment company Kennedy Wilson has partnered with Kenedix, Inc....
SEATTLE, WA - Fourth Avenue Capital and Range Equity Management, in a joint venture with PCCP, have...
The latest multifamily industry news delivered to your inbox.