facebook
Traded Co logo
Submit
Daily limit: 0/10

RailField And Artemis Real Estate Partners Acquire Dolce Midtown In Houston's Midtown For Multifamily Investment

Property Image
SOLD

Texas

See Similar Deals
MultiFamily
Sold 11/28/2023
the dealdetailscomps
Property Image
SOLD

RailField And Artemis Real Estate Partners Acquire Dolce Midtown In Houston's Midtown For Multifamily Investment

180 West Gray Street

See Similar Deals
MultiFamily
Sold 11/28/2023

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

RailField, in partnership with Artemis Real Estate Partners, has acquired Dolce Midtown, a Class A multifamily property located at 180 West Gray Street in Houston's Midtown area. The property consists of 201 high-end rental units and marks RailField's entry into the Houston market. As part of their business strategy for the property, the joint venture plans to enhance community amenities.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 201
  • Buyer: RailField - Jon Siegel; Artemis Real Estate Partners - Deborah L. Harmon
  • Seller: Not specified
  • Date: 11/28/2023
  • Address: 180 West Gray Street, Houston
  • Market: Houston

The acquisition of Dolce Midtown is RailField's first venture into the Houston market. Collaborating with Artemis Real Estate Partners, RailField aims to capitalize on the property's potential by enhancing the community amenities and positioning it as a premier rental property in the area.

Details

SOLD
IMAGE: Jon Siegel & Deborah L. Harmon DATE: 11/28/2023 ADDRESS: 180 West Gray Street MARKET: Houston ASSET TYPE: Multifamily ~ UNITS: 201 BUYER: RailField - Jon Siegel; Artemis Real Estate Partners - Deborah L. Harmon NOTE: RailField has acquired Dolce Midtown in Houston's Midtown area, a Class A multifamily property with 201 high-end rental units, marking the firm's entry into the Houston market. The joint venture with Artemis Real Estate Partners plans to enhance community amenities as part of its business strategy for the property.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00