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Private Investor Acquires Multifamily Property On Wayforest Dr In Houston, TX

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SOLD

Texas

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Private Investor Acquires Multifamily Property On Wayforest Dr In Houston, TX

17601 Wayforest Dr, Houston, TX, 77...

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MultiFamily
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The Alara is a 155-unit apartment community located at 17601 Wayforest Dr, Houston, TX. The Class B property offers one- and two-bedroom units along with amenities such as a pool, playground, and a business center.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: Not Disclosed
  • Market: Houston
  • Seller's Representative: Mark Allen (Global Real Estate Advisors (GREA)), Todd Franks ()
  • Buyer: Private Investor

Mark Allen and Todd Franks of SVN represented the seller and procured the buyer, who were both out-of-state investors in the transaction of The Alara, a multifamily property in north Houston.

Players

Mark Allen
32 deals$130M volume(972) 865-6328
BROKER

Todd Franks
6 deals$120M volume
BROKER

Details

SOLD
IMAGE: 17601 Wayforest Dr, Houston, TX, 77... MARKET: Houston ASSET TYPE: MultiFamily SELLER'S REP: Mark Allen(Global Real Estate Advisors (GREA)), Todd Franks() BUYER: Private Investor

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