The Praedium Group Acquires 387-Unit Multifamily Community In Houston
SOLD
Texas
See Similar DealsMultiFamily
Sold 10/21/2019
SOLD
The Praedium Group Acquires 387-Unit Multifamily Community In Houston
2827 Dunvale Rd, Houston, TX, 77063
See Similar DealsMultiFamily
Sold 10/21/2019
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The Everly, a 387-unit multifamily community located at 2827 Dunvale Rd, Houston, TX, 77063, was sold in Houston. Built in 2018, the property consists of one- and two-bedroom units featuring stainless steel appliances, walk-in closets, custom cabinetry, and quartz countertops. Amenities include a fitness center, Wi-Fi lounge, pool, outdoor fire pit, dog park and wash, beer garden, and indoor golf simulator.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not provided
- Market: Houston
- Seller's Reps: Ryan Epstein (Walker & Dunlop), Scott Bray (CBRE)
- Buyer: The Praedium Group
- Seller: Embrey Partners Ltd
Ryan Epstein, Jennifer Ray, and Scott Bray of Berkadia represented the seller, Embrey Partners Ltd., in the transaction. The buyer, The Praedium Group, is a privately held investment firm based in New York.
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