Eastham Capital Sells 268-Unit Morgan Bay Apartment Complex In North Houston

The property involved in the transaction is a multi-family asset, specifically a 268-unit apartment complex located at 14403 Ella Boulevard in Houston. The property was fully operational, achieving a 95% occupancy rate at the time of sale.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Undisclosed
• Units: 268
• Address: 14403 Ella Boulevard
• Market: Houston
• Seller: Matt Rosenthal & Eric Silverman - Eastham Capital
• Acquisition Year by Seller: 2019
• Property Condition at Sale: Renovated

In this transaction, the seller was represented by Matt Rosenthal and Eric Silverman, who are associated with Eastham Capital. The buyer remains undisclosed following the close of the sale.