Clearworth Capital Acquires 320-Unit Multifamily In Galveston, Texas

Lakeside at Campeche, a 320-unit apartment complex located at 3102 Cove View Boulevard in Galveston, Texas, has been sold. The property features one- and two-bedroom units and has been acquired by Clearworth Capital from a California-based joint venture that previously owned it for two decades.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not specified
• Number of Units: 320
• Date: 05/26/2023
• Market: Galveston

Colliers, a renowned brokerage firm, facilitated the sale of Lakeside at Campeche. The deal was represented by Chip Nash, Bob Heard, and Jaleel Adatia from Colliers, who assisted Clearworth Capital in acquiring the property from the California-based joint venture.