Indus Management Group Acquires Property At 12630 Ashford Point Dr In Houston With Broker Reps Chris Young And Joey Rippel

The property involved in this transaction is Vanderbilt Court, a 164-unit multifamily community located at 12630 Ashford Point Dr, Houston, TX. Built in 1983, the community features one- and two-bedroom units with an average size of 835 square feet. Various amenities are available, including two pools, a fitness center, a clubhouse, a business center, and outdoor dining space. The market for this asset is Houston.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 12630 Ashford Point Dr, Houston, TX
• Market: Houston
• Buyer: Indus Management Group
• Seller: 37th Parallel Properties
• Seller's Representatives: Chris Young - Compass, Joey Rippel - Berkadia

The transaction was facilitated by HFF, with Joey Rippel and Chris Young acting as representatives for the seller, 37th Parallel Properties. They successfully procured the buyer, Indus Management Group, for the sale of the property.